Thomas Mathiasmeier reports as Targa Resources (NYSE: TRGP) director
Rhea-AI Filing Summary
Targa Resources Corp. filed an initial insider ownership report for Thomas Joseph Mathiasmeier, who is identified as a director of the company. The filing does not report any insider transactions. The remarks note that an Exhibit 24 Power of Attorney is attached.
Positive
- None.
Negative
- None.
Key Terms
Power of Attorney
1 terms
Power of Attorney regulatory
"See attached for Exhibit 24 - Power of Attorney."
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Targa Resources Corp. (TRGP) disclose in this insider filing?
Targa Resources Corp. filed an initial insider ownership report for director Thomas Joseph Mathiasmeier. The report lists him as a director and notes an attached Power of Attorney, but shows no insider transactions.
Who is the reporting person in Targa Resources (TRGP) recent Form 3?
The reporting person is Thomas Joseph Mathiasmeier, identified in the filing as a director of Targa Resources Corp. No officer role or ten-percent ownership status is indicated in this report.
Does the TRGP Form 3 show any insider trades or option exercises?
No. The Form 3 for Targa Resources Corp. and Thomas Joseph Mathiasmeier reports no insider transactions; the transaction section is empty and the summary data show zero buys, sells, or exercises.
What is the significance of the Power of Attorney mentioned in TRGP’s Form 3?
The remarks state, “See attached for Exhibit 24 - Power of Attorney.” This typically authorizes another person to sign SEC filings on the director’s behalf, streamlining compliance with reporting obligations.
Is a Rule 10b5-1 trading plan indicated in the Targa Resources (TRGP) Form 3?
No trading plan is identified. The Form 3 data show the Rule 10b5-1 checkbox field as not used, and there are no footnotes describing trades under a pre-arranged plan.