Insider trade

Director sold ~$130K of TRGP shares in the open market

Traded Aug 21, 2026 · Filed Aug 25, 2026

Targa ResourcesTRGP

~$130K
Reported value · 440 sh @ $296.3945: 3,489
Holds after · shares reported: -6.6%
stock since the trade · S&P 500 -0.2%, $299.10 → $279.31 on Oct 1

Why it stands out

A board member of Targa Resources sold $130K of Targa Resources shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Aug 21, 2026
Reporting period: Not applicable
Filed with the SEC: Aug 25, 2026

Director$100K–$500K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$130,414

Shares × reported transaction price

Timing vs results

15 days after results of Aug 6, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $299.10 on Aug 21, 2026, within 2% of its 52-week high, after a 9% rise over the previous 30 trading days

52-week range $146.30 (Oct 16, 2025) to $302.25 (Aug 20, 2026), 98% of the way up, from 251 adjusted closes. 30 trading days earlier: $273.35 on Jul 10, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-0.2%	-0.1%	-0.1%
30 days	-5.5%	+0.7%	-6.2%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-365206
Filed / recorded: Aug 25, 2026, 8:30 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Targa Resources Corp.
Issuer CIK: 1389170
Ticker: TRGP
Reporting person: Waters S Iv Davis
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Aug 21, 2026
Transaction code: S
Shares / units: 440
Price per share: $296.3945
Acquired / disposed: Disposed (D)
Shares owned after: 3,489
Ownership form: Direct
Amendment: No

Footnotes from the filing

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $296.05 to $296.87, 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 ranges set forth in footnotes (1), (2), (3), (4), (5) and (6) to this Form 4.

Around the same time

4w ago

8,370Shares

Gift or transfer — classified separately from trades.

Why it stands out Official record

5w ago

10KShares

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

Director sold5w ago

~$295KReported value · 1,000 sh @ $295.381

A board member of Targa Resources sold $295K of Targa Resources shares. Nobody planned it ahead of time.

Why it stands out Official record