Form 4: Targa Resources Corp.: Senior VP and CAO Julie H. Boushka Reports Stock Disposal
SEC Form 4 Filing
Julie H. Boushka, Senior VP and CAO of Targa Resources Corp., reports the disposal of 1,889 shares of common stock to cover tax obligations.
Summary
- On March 1, 2024, Julie H. Boushka, Senior VP and CAO of Targa Resources Corp., disposed of 1,889 shares of common stock.
- The transaction was executed at a price of $99.34 per share.
- Following the transaction, Boushka directly owns 69,919 shares of Targa Resources Corp.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company executives. It is common for executives to sell shares to cover tax obligations related to stock awards or option exercises.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Disposal of 1,889 shares of common stock. |
| 03/05/2024 | Date of signature on the report. |
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