TRGP Targa Resources Corp.
Price Chart
Executive Summary
Multiple insiders at Targa Resources Corp. (TRGP) sold shares in the past week, including a significant open-market sale of $7.28M by Patrick J. McDonie. Total open-market sales amounted to $8.14M, representing 0.015% of the company's $52.5B market cap. The transactions include non-cash events such as tax withholding and a gift, which do not reflect economic disposition.
Key Financial Metrics
Actionable Insight
The sales are relatively small compared to market cap and appear to be routine post-vesting dispositions or tax-related actions rather than a signal of fundamental concern. Traders should monitor for continued selling in next 30 days and upcoming earnings for context.
Key Facts
- Patrick J. McDonie sold 30,421 shares at $239.33 for $7,280,719 in open-market transaction.
- Benjamin James Branstetter sold 3,158 shares at $238.83 for $754,225 and surrendered 3,542 shares for tax withholding worth $835,204.
- Lindsey Cooksen sold 435 shares at $231.72 for $100,797.
- D. Scott Pryor gifted 12,104 shares (non-cash, $0 value).
- Total open-market sales: $8.14M (0.015% of $52.5B market cap).
- All transactions occurred within a 7-day window, indicating coordinated timing likely related to vesting or tax events.
Financial Impact
$8.14M in open-market sales and $835K in tax-related share surrender over 7 days
Risk Factors
- Perception of insider selling could weigh on sentiment if misinterpreted as lack of confidence.
- Concentration of selling among executives may warrant closer scrutiny if repeated.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (5 trades, 7d window) | cluster-TRGP-1772659873728 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 7, 2026
4w ago
|
8-K
| $251.51 $262.69 | ▲ +4.45% | ▲ +1.31% | $264.17 (+5.04%) |
|
Apr 16, 2026
7w ago
|
Press Release
| $235.27 $267.48 | ▲ +13.69% | ▲ +8.32% | $264.17 (+12.29%) |
|
Mar 26, 2026
10w ago
|
DEFA14A
| $250.13 $241.18 | ▼ −3.58% | ▼ −16.32% | $264.17 (+5.62%) |
|
Feb 26, 2026
14w ago
|
Insider Cluster
| $230.95 $250.36 | ▼ −8.40% | ▼ −14.81% | $264.17 (−14.39%) |
|
Feb 24, 2026
15w ago
|
Insider Cluster
| $230.91 $246.05 | ▲ +6.56% | ▲ +11.54% | $264.17 (+14.41%) |
|
Feb 24, 2026
15w ago
|
Insider Cluster
| $230.91 $246.05 | ▲ +6.56% | ▲ +11.54% | $264.17 (+14.41%) |
|
Feb 24, 2026
15w ago
|
Insider Cluster
| $230.91 $246.05 | ▼ −6.56% | ▼ −11.54% | $264.17 (−14.41%) |
US Market Status
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