Julie H. Boushka - Mar 5, 2024 Form 4 Insider Report for Targa Resources Corp. (TRGP)

Signature
/s/ Julie H. Boushka
Stock symbol
TRGP
Transactions as of
Mar 5, 2024
Transactions value $
-$1,009,600
Form type
4
Date filed
3/6/2024, 04:30 PM
Previous filing
Mar 5, 2024
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRGP Common Stock Sale -$1.01M -10K -14.3% $100.96 59.9K Mar 5, 2024 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 November 13, 2023.