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Targa Resources (NYSE: TRGP) director plans $871K share sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Targa Resources Corp. (TRGP) is the issuer of common stock that Charles Crisp, identified as a director, has notified for potential sale under Rule 144. The notice covers 3,000 shares of common stock held through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $870,690.00.

The shares to be sold trace to restricted stock that vested under registered plans, including 2,790 shares from awards vesting on February 17, 2016 and 210 shares from awards vesting on June 23, 2010, both described as issued for services rendered.

Positive

  • None.

Negative

  • None.
Shares covered by notice 3,000 shares of common stock Common stock of Targa Resources Corp. to be sold under Rule 144
Aggregate market value $870,690.00 Aggregate market value of 3,000 TRGP common shares listed in the notice
Restricted stock vesting (2016) 2,790 shares Restricted stock vesting under a registered plan on February 17, 2016
Restricted stock vesting (2010) 210 shares Restricted stock vesting under a registered plan on June 23, 2010
Rule 144 notice date 08/25/2026 Date associated with the Form 144 notice signed by Charles Crisp
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.
Restricted Stock Vesting Under a Registered Plan financial
"Restricted Stock Vesting Under a Registered Plan | Issuer | | | 2790"
services rendered financial
"2790 | 02/17/2016 | Services Rendered"

FAQ

What does the Form 144 filing involving TRGP and Charles Crisp disclose?

It discloses that Charles Crisp, a director of Targa Resources Corp. (TRGP), has notified an intent to sell 3,000 shares of TRGP common stock under Rule 144 through Morgan Stanley Smith Barney LLC Executive Financial Services.

How many TRGP shares are covered by Charles Crisp’s Form 144 notice?

The notice covers 3,000 shares of Targa Resources Corp. common stock, with an aggregate market value listed as $870,690.00 at the time of the notice.

What is the origin of the TRGP shares in Charles Crisp’s Form 144?

The shares originate from restricted stock vesting under registered plans, including 2,790 shares from awards vesting on February 17, 2016, and 210 shares from awards vesting on June 23, 2010, both described as issued for services rendered.

Which broker is involved in the potential TRGP share sale in this Form 144?

The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services, with an address at 1 New York Plaza, 8th Floor, New York, NY 10004, handling the 3,000 TRGP common shares referenced in the notice.

On which exchange are the TRGP shares in this Form 144 listed?

The common stock referenced in the notice is listed on the NYSE, as indicated for the 3,000 shares of Targa Resources Corp. common stock covered by the Rule 144 notice.

Does the Form 144 specify when the underlying TRGP restricted stock vested?

Yes. It lists February 17, 2016 for 2,790 shares and June 23, 2010 for 210 shares of restricted stock, each described as Restricted Stock Vesting Under a Registered Plan and issued for services rendered.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature