CRISP CHARLES R 4
4 · Targa Resources Corp. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Targa Resources (TRGP) Director Charles R. Crisp Sells 10,602 Shares
What Happened
Charles R. Crisp, a director of Targa Resources Corp. (TRGP), sold 10,602 shares in an open-market sale on May 12, 2026. The reported weighted-average price was $255.96 per share, for total proceeds of approximately $2,713,738. This was a sale (not a purchase or award), which is often routine insider selling rather than a direct bullish signal.
Key Details
- Transaction date: May 12, 2026 (reported on Form 4 filed May 13, 2026) — filing appears timely (within the standard reporting window).
- Price: Weighted-average $255.96; reported range $255.65 to $256.30 across multiple trades (see footnote).
- Shares sold: 10,602; proceeds: $2,713,738 (approx.).
- Shares owned after transaction: Not disclosed in the information provided in your summary.
- Footnote: The price is a weighted average; the reporting person can provide a breakdown of the number of shares sold at each price in the $255.65–$256.30 range upon request.
- No 10b5-1 plan, option exercise, gift, or tax-withholding item was noted in the supplied details.
Context
Open-market sales by directors can be for many personal or portfolio reasons and do not, by themselves, indicate company performance or insider sentiment. Because this was a straightforward sale (not an option exercise, gift, or award), there's no immediate implication of changed ownership structure or cashless exercise activity.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-12$255.96/sh−10,602$2,713,738→ 66,492 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $255.65 to $256.30, 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 range set forth in footnote (1) to this Form 4.