Targa Resources (NYSE: TRGP) director gifts and sells stock
Rhea-AI Filing Summary
Targa Resources Corp. (TRGP) director Charles R. Crisp reported two transactions in the company’s common stock on 2026-08-25. He made a bona fide gift of 1,200 shares with no consideration and separately sold 3,000 shares at a reported price of $290.23 per share, both from direct holdings.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 4,200 shares
Net Sell
2 txns
Insider
CRISP CHARLES R
Role
Director
Sold
3,000 shs ($871K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,200 | $0.00 | $0.00 |
| Sale | Common Stock | 3,000 | $290.23 | $871K |
Holdings After Transaction:
Common Stock — 62,292 shares (Direct)
Key Figures
Gifted shares of Common Stock: 1,200 shares
Sold shares of Common Stock: 3,000 shares
Sale price per share: $290.23 per share
+2 more
5 metrics
Gifted shares of Common Stock
1,200 shares
Bona fide gift by director Charles R. Crisp on 2026-08-25
Sold shares of Common Stock
3,000 shares
Open market or private sale by Charles R. Crisp on 2026-08-25
Sale price per share
$290.23 per share
Price for 3,000-share Common Stock sale on 2026-08-25
Gift transaction code
Code G
Bona fide gift of 1,200 Common Stock shares
Sale transaction code
Code S
Sale of 3,000 Common Stock shares
Key Terms
bona fide gift, Common Stock, open market or private transaction, Rule 10b5-1
4 terms
bona fide gift financial
"transaction_code "G" with transaction_code_description "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Common Stock financial
"security_title is listed as "Common Stock" for both transactions"
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.
open market or private transaction financial
"transaction_code_description "Sale in open market or private transaction""
Rule 10b5-1 regulatory
"aff_10b5_one false refers to the Rule 10b5-1 checkbox 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.
FAQ
What insider transactions did TRGP director Charles R. Crisp report on August 25, 2026?
On 2026-08-25, director Charles R. Crisp reported a bona fide gift of 1,200 TRGP common shares and a separate sale of 3,000 TRGP common shares in non-derivative transactions from his direct holdings.
Did Charles R. Crisp make any gifts of Targa Resources (TRGP) stock in this Form 4?
Yes. He reported a bona fide gift of 1,200 TRGP common shares on 2026-08-25. The transaction was coded as G for a bona fide gift and involved his directly held common stock.
Were the reported TRGP insider transactions under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is unchecked (false), indicating the reported gift of 1,200 shares and sale of 3,000 shares were not affirmed as being made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
