Pryor D. Scott 4
4 · Targa Resources Corp. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Targa (TRGP) Pryor D. Scott, President - Logistics & Transportation Sells Shares
What Happened
- Pryor D. Scott, President — Logistics & Transportation at Targa Resources Corp. (TRGP), executed open-market sales totaling 17,500 shares on Feb. 25, 2026, for aggregate proceeds of approximately $4,006,029. The sales were reported as four transactions at weighted-average prices of $227.28, $228.34, $229.44 and $230.10.
- On Feb. 26, 2026 the filing also shows gift transactions: a disposal of 12,104 shares, an acquisition of 12,104 shares, and a disposal of 2,500 shares (all reported as gifts at $0.00). These gift entries may reflect transfers involving the Pryor Trust (see footnote).
Key Details
- Transaction dates: Feb. 25, 2026 (open-market sales) and Feb. 26, 2026 (gifts). Form 4 filed Feb. 27, 2026 (appears timely; Form 4 is typically due within two business days).
- Market sales: 2,798 shares @ $227.28 (weighted avg; prices ranged $226.82–$227.64), 3,870 shares @ $228.34 (range $227.935–$228.93), 9,134 shares @ $229.44 (range $228.95–$229.92), 1,698 shares @ $230.10 (range $230.01–$230.195). Total proceeds ≈ $4,006,029.
- Gift entries (Feb. 26): Disposed 12,104 shares (gift), Acquired 12,104 shares (gift), Disposed 2,500 shares (gift). All gifts reported at $0.00.
- Ownership after transaction: not specified in the excerpt provided; see the full Form 4 for post-transaction holdings.
- Notable footnotes: prices are weighted averages with per-transaction price ranges available on request (Footnotes F1–F4). Footnote F5 notes the Pryor Trust owns certain shares and that D. Scott Pryor and Marcy Gaye Pryor are co-trustees.
Context
- These transactions are primarily sales (a common insider activity that can be for many reasons such as portfolio diversification or tax planning). Purchases are generally considered stronger signals of insider confidence; gifts typically do not indicate market sentiment.
- The matching gift acquisition/disposal of 12,104 shares suggests an intra-personal or trust-related transfer (see Pryor Trust footnote) rather than a market purchase or sale. For full details (exact per-lot prices, reasons, and shares held after the trades), consult the complete Form 4 filing (Accession 0001193125-26-082810).
Insider Transaction Report
Form 4
Pryor D. Scott
See Remarks
Transactions
- Sale
Common Stock
[F1]2026-02-25$227.28/sh−2,798$635,921→ 46,640 total - Sale
Common Stock
[F2]2026-02-25$228.34/sh−3,870$883,694→ 42,770 total - Sale
Common Stock
[F3]2026-02-25$229.44/sh−9,134$2,095,705→ 33,636 total - Sale
Common Stock
[F4]2026-02-25$230.10/sh−1,698$390,709→ 31,938 total - Gift
Common Stock
2026-02-26−12,104→ 19,834 total - Gift
Common Stock
[F5]2026-02-26+12,104→ 32,104 total(indirect: See Footnote) - Gift
Common Stock
[F5]2026-02-26−2,500→ 29,604 total(indirect: See Footnote)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.82 to $227.64, inclusive. The reporting person undertakes to provide to Targa Resources Corp., any security holder of Targa Resources Corp., or the staff of the United States Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2), (3) and (4) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $227.935 to $228.93, inclusive.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $228.95 to $229.92, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $230.01 to $230.195, inclusive.
- [F5]These shares are owned by the Pryor Trust, of which D. Scott Pryor and Marcy Gaye Pryor serve as co-trustees.
Signature
/s/ D. Scott Pryor|2026-02-27