Targa Resources (NYSE: TRGP) director granted 477 common shares
Rhea-AI Filing Summary
Targa Resources Corp. reported that director Thomas Joseph Mathiasmeier received a stock award of 477 shares of Common Stock on July 21, 2026, at a reported price of $0.00 per share. Following this grant, he directly owns 477 Targa Resources shares.
The transaction is categorized as a grant, award, or other acquisition, and company records indicate it was not made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 477 shares
Net Buy
1 txn
Insider
Mathiasmeier Thomas Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 477 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 477 shares (Direct)
Key Figures
Shares acquired: 477 shares
Price per share: $0.00
Post-transaction holdings: 477 shares
3 metrics
Shares acquired
477 shares
Common Stock granted on July 21, 2026
Price per share
$0.00
Reported acquisition price for the stock award
Post-transaction holdings
477 shares
Direct Common Stock ownership after the grant
Key Terms
Grant, award, or other acquisition, Common Stock, Rule 10b5-1
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title Common Stock reported for the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Rule 10b5-1 regulatory
"checkbox indicates Rule 10b5-1 plan status"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Targa Resources (TRGP) report on July 21, 2026?
Targa Resources reported that director Thomas Joseph Mathiasmeier received a grant of 477 shares of Common Stock on July 21, 2026. The transaction is classified as a grant, award, or other acquisition rather than a market purchase or sale.
Was the TRGP director stock award a market purchase?
No. The transaction is coded as a grant, award, or other acquisition, not a market purchase. The 477 Common Stock shares were reported at a price of $0.00 per share, indicating a no-cost equity award to the director.
Was the Targa Resources (TRGP) insider transaction made under a Rule 10b5-1 plan?
The filing indicates the transaction was not made under a Rule 10b5-1 trading plan. The document-level Rule 10b5-1 checkbox is unchecked, meaning the 477-share grant was not executed pursuant to a pre-arranged trading plan.
What type of security was involved in the TRGP insider award?
The insider award involved Common Stock of Targa Resources Corp. Director Thomas Joseph Mathiasmeier received 477 shares of Common Stock at a reported price of $0.00 per share, categorized as a grant, award, or other acquisition.