Targa Resources (NYSE: TRGP) director trust to sell 2,400 shares
Rhea-AI Filing Summary
Targa Resources Corp. (TRGP) director Waters S. Davis, through the Waters Davis Legacy Trust, has filed a notice to sell 2,400 shares of TRGP common stock under Rule 144. The planned sale, routed through Fidelity Brokerage Services LLC on the NYSE, has an indicated aggregate market value of $725,400 as of the notice.
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Key Figures
Shares to be sold: 2,400 shares
Aggregate market value: $725,400.00
Shares outstanding: 214,422,392 shares
+3 more
6 metrics
Shares to be sold
2,400 shares
Number of TRGP common shares covered by this Form 144 notice
Aggregate market value
$725,400.00
Aggregate market value of 2,400 TRGP shares to be sold
Shares outstanding
214,422,392 shares
TRGP common shares outstanding referenced in the Form 144
Stock award 2024
2,243 shares
TRGP stock award dated 01/19/2024 listed as compensation
Stock award 2022
5,099 shares
TRGP stock award dated 01/19/2022 listed as compensation
Date of notice
08/20/2026
Date the Form 144 notice was signed and dated
Key Terms
Rule 144, aggregate market value, stock award, attorney-in-fact
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"2400 | 725400.00 | 214422392 | 08/20/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
stock award financial
"Common | 01/19/2024 | Stock Award | Targa Resources corp"
attorney-in-fact regulatory
"as attorney-in-fact for Waters S Davis"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for TRGP?
The filing discloses that a trust associated with Targa Resources Corp. (TRGP) director Waters S. Davis has filed to sell 2,400 shares of TRGP common stock under Rule 144, with an indicated aggregate market value of $725,400 and an approximate sale date of 08/20/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.