Muraro Robert 4
Research Summary
AI-generated summary
Targa Resources (TRGP) CCO Robert Muraro Sells 24,589 Shares
What Happened
Robert Muraro, Chief Commercial Officer of Targa Resources Corp. (TRGP), sold 24,589 common shares in an open-market/private sale on March 5, 2026. The reported weighted-average price was $241.34 per share (range $241.01–$241.67), for total gross proceeds of $5,934,378. This was a sale (S) — a disposition of shares rather than a purchase or option exercise.
Key Details
- Transaction date: 2026-03-05 (reported on Form 4 filed 2026-03-06). Filing appears timely.
- Price: weighted average $241.34; reported individual trade prices ranged from $241.01 to $241.67.
- Shares sold: 24,589; proceeds: $5,934,378.
- Shares owned after transaction: not provided in the information you supplied (check full Form 4 for column showing post-transaction holdings).
- Footnote: the price is a weighted average; the filer can provide a breakdown of shares sold at each price within the stated range upon request.
- No 10b5-1 plan, tax-withholding, option exercise, or gift is indicated in the provided details.
Context
Open-market sales by officers are common for diversification or liquidity and are not, by themselves, a definitive signal about company prospects. Purchases tend to be more informative about insider bullishness. For full ownership context and any trading plan details, consult the complete Form 4 filing.