Julie H. Boushka - Nov 2, 2023 Form 4 Insider Report for Targa Resources Corp. (TRGP)

Role
Senior VP and CAO
Signature
/s/ Julie H. Boushka
Stock symbol
TRGP
Transactions as of
Nov 2, 2023
Transactions value $
-$180,000
Form type
4
Date filed
11/6/2023, 04:30 PM
Previous filing
Aug 10, 2023
Next filing
Nov 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRGP Common Stock Sale -$180K -2K -3.33% $90.00 58.1K Nov 2, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2023.