Targa director gifts 8,370 shares of stock
Targa Resources director Joe Bob Perkins reported a gift transfer of 8,370 TRGP shares via an affiliated partnership and updated his direct and indirect share holdings.
Rhea-AI Filing Summary
Targa Resources Corp. (TRGP) director Joe Bob Perkins reported a disposition of company equity through a bona fide gift of 8,370 shares of Common Stock on September 3, 2026, made by Perkins Blue House Investments Limited Partnership, an entity associated with him. After these transactions, he reports holding 22,369 shares directly and 19,600 shares indirectly through his wife, plus additional indirect holdings through PBHtwo LP. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,370 shares gifted
Gift
4 txns
Insider
Perkins Joe Bob
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 8,370 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 109,722 shares (Indirect, See Footnote);
Common Stock — 22,369 shares (Direct);
Common Stock — 19,600 shares (Indirect, By Wife)
Footnotes (2)
- F1. These shares are owned by the Perkins Blue House Investments Limited Partnership ("PBHILP"). Mr. Perkins is the sole member of JBP GP, L.L.C., one of the general partners of the PBHILP.
- F2. These shares are owned by PBHtwo LP. Mr. Perkins is the sole member of JBP GP, L.L.C., one of the general partners of PBHtwo LP.
Key Figures
Shares gifted: 8,370 shares
Direct holdings after transaction: 22,369 shares
Indirect holdings by spouse: 19,600 shares
+1 more
4 metrics
Shares gifted
8,370 shares
Bona fide gift of Common Stock on September 3, 2026
Direct holdings after transaction
22,369 shares
Common Stock held directly by Joe Bob Perkins after September 3, 2026
Indirect holdings by spouse
19,600 shares
Common Stock held indirectly "By Wife" after September 3, 2026
Gift price per share
$0.00 per share
Reported price for the bona fide gift of 8,370 shares
Key Terms
bona fide gift
1 terms
bona fide gift financial
"The filing reports a bona fide gift of 8,370 shares of Common Stock."
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.
FAQ
What insider transaction did TRGP director Joe Bob Perkins report?
He reported a bona fide gift of 8,370 shares of Targa Resources Corp. Common Stock on September 3, 2026, made by Perkins Blue House Investments Limited Partnership, an entity associated with him.
Was the TRGP insider gift by Joe Bob Perkins made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported in connection with these transactions, meaning the gift was not disclosed as being executed under such a pre-arranged plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.