Targa Resources Corp.·4

May 13, 4:30 PM ET

CRISP CHARLES R 4

Research Summary

AI-generated summary

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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.