Julie H. Boushka - 05 Mar 2024 Form 4 Insider Report for Targa Resources Corp. (TRGP)

Signature
/s/ Julie H. Boushka
Issuer symbol
TRGP
Transactions as of
05 Mar 2024
Net transactions value
-$1,009,600
Form type
4
Filing time
06 Mar 2024, 16:30:28 UTC
Previous filing
05 Mar 2024
Next filing
09 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRGP Common Stock Sale $1,009,600 -10,000 -14% $100.96 59,919 05 Mar 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.