TRGP Insider Trading
Targa Resources Corp. | Natural Gas Transmission
Comprehensive Trading Performance Summary
The investment history of corporate insiders at Targa Resources Corp. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Natural Gas Transmission sector.
Transactions on Chart
Open Full Chart| Filing Date | Trade Date | Reporting Person | Relationship | Type | Price | Qty | Total, $ | Owned After | Change, % |
|---|---|---|---|---|---|---|---|---|---|
| 2016-10-04 01:20 | 2016-09-29 | McParland Jeffrey J | Officer - See Remarks | SELL | $50.00 | 100 | $5,000 | 283,048 | 0.0% |
| 2016-09-30 00:27 | 2016-09-28 | Perkins Joe Bob | Director, Officer - Chief Executive Officer | SELL | $50.03 | 1,405 | $70,292 | 298,122 | -0.5% |
| 2016-09-30 00:00 | 2016-09-28 | McParland Jeffrey J | Officer - See Remarks | SELL | $50.00 | 100 | $5,000 | 283,148 | 0.0% |
| 2016-09-26 23:34 | 2016-09-22 | Perkins Joe Bob | Director, Officer - Chief Executive Officer | SELL | $50.45 | 7,843 | $395,715 | 299,527 | -2.6% |
| 2016-09-26 23:35 | 2016-09-22 | McParland Jeffrey J | Officer - See Remarks | SELL | $50.34 | 1,000 | $50,338 | 283,248 | -0.4% |
| 2016-09-26 23:35 | 2016-09-22 | WHALEN JAMES W | Director, Officer - See Remarks | SELL | $50.00 | 25,000 | $1,250,000 | 370,999 | -6.3% |
| 2016-09-08 23:35 | 2016-09-06 | McParland Jeffrey J | Officer - See Remarks | SELL | $45.50 | 25,100 | $1,142,148 | 284,248 | -8.1% |
| 2016-07-30 00:00 | 2016-07-27 | Pryor D. Scott | Officer - See Remarks | SELL | $37.66 | 7,500 | $282,450 | 60,553 | -11.0% |
| 2016-07-14 23:38 | 2016-07-12 | McParland Jeffrey J | Officer - See Remarks | SELL | $45.13 | 3,700 | $166,995 | 309,348 | -1.2% |
| 2016-06-16 00:25 | 2016-06-13 | WHALEN JAMES W | Director, Officer - See Remarks | SELL | $40.00 | 25,000 | $1,000,000 | 395,999 | -5.9% |
| 2016-05-16 23:45 | 2016-05-12 | Chung Paul W | Officer - EVP, Gen. Counsel & Secretary | SELL | $42.01 | 20,640 | $867,161 | 135,405 | -13.2% |
| 2016-05-16 23:45 | 2016-05-12 | JOYCE RENE R | Director | SELL | $41.87 | 75,091 | $3,144,173 | 0 | -100.0% |
| 2015-08-13 23:53 | 2015-08-12 | JOYCE RENE R | Director | SELL | $78.31 | 10,000 | $783,050 | 177,219 | -5.3% |
| 2015-08-12 23:04 | 2015-08-10 | JOYCE RENE R | Director | SELL | $76.60 | 20,000 | $1,531,942 | 187,219 | -9.7% |
| 2015-03-04 01:00 | 2015-02-27 | KAGAN PETER | Director | SELL | $98.28 | 10,796 | $1,061,017 | 4,414 | -71.0% |
| 2015-01-21 01:11 | 2015-01-15 | Perkins Joe Bob | Director, Officer - Chief Executive Officer | SELL | $87.28 | 25,000 | $2,181,965 | 307,370 | -7.5% |
| 2014-10-16 02:04 | 2014-10-13 | Perkins Joe Bob | Director, Officer - Chief Executive Officer | SELL | $113.05 | 25,000 | $2,826,295 | 332,370 | -7.0% |
| 2014-09-18 23:59 | 2014-09-16 | CRISP CHARLES R | Director | SELL | $139.39 | 12,000 | $1,672,630 | 129,966 | -8.5% |
| 2014-08-19 23:29 | 2014-08-15 | KAGAN PETER | Director | SELL | $134.30 | 17,556 | $2,357,771 | 6,621 | -72.6% |
| 2014-07-15 00:30 | 2014-07-10 | Perkins Joe Bob | Director, Officer - Chief Executive Officer | SELL | $137.86 | 25,000 | $3,446,615 | 357,370 | -6.5% |
| 2014-03-27 00:03 | 2014-03-24 | WHALEN JAMES W | Director, Officer - Advisor to Chairman and CEO | SELL | $97.88 | 23,000 | $2,251,178 | 436,249 | -5.0% |
| 2014-03-04 01:34 | 2014-02-28 | Sparger John Robert | Officer - Senior VP and CAO | SELL | $97.31 | 15,000 | $1,459,710 | 48,629 | -23.6% |
| 2014-03-01 00:47 | 2014-02-26 | Heim Michael A | Officer - President and COO | SELL | $97.16 | 13,054 | $1,268,357 | 101,672 | -11.4% |
| 2014-02-27 00:41 | 2014-02-24 | Heim Michael A | Officer - President and COO | SELL | $97.12 | 17,485 | $1,698,068 | 103,733 | -14.4% |
| 2014-02-22 01:30 | 2014-02-20 | MELOY MATTHEW J | Officer - Senior VP, CFO and Treasurer | SELL | $96.07 | 15,459 | $1,485,131 | 54,176 | -22.2% |
| 2014-02-22 03:20 | 2014-02-19 | Heim Michael A | Officer - President and COO | SELL | $96.97 | 64,461 | $6,250,564 | 106,494 | -37.7% |
| 2013-02-21 23:44 | 2013-02-19 | Johnson Roy E | Officer - Executive Vice President | SELL | $62.54 | 46,681 | $2,919,630 | 68,042 | -40.7% |
| 2012-08-11 00:10 | 2012-08-09 | MELOY MATTHEW J | Officer - Senior VP, CFO and Treasurer | SELL | $44.32 | 4,000 | $177,286 | 77,465 | -4.9% |
| 2012-08-11 00:15 | 2012-08-09 | McParland Jeffrey J | Officer - Pres.-Finance & Administration | SELL | $44.68 | 257,874 | $11,520,521 | 63,030 | -80.4% |
| 2012-05-14 21:23 | 2012-05-10 | Johnson Roy E | Officer - Executive Vice President | SELL | $48.27 | 10,000 | $482,675 | 124,251 | -7.4% |
| 2011-08-22 18:22 | 2011-08-18 | TONG CHRIS | Director | BUY | $30.03 | 1,000 | $30,025 | 1,000 | +100.0% |
| 2011-04-29 01:52 | 2011-04-26 | Hwang In Seon | Director | SELL | $31.73 | 4,081,292 | $129,499,395 | 9,808,139 | -29.4% |
| 2011-04-29 01:54 | 2011-04-26 | KAGAN PETER | Director | SELL | $31.73 | 4,081,292 | $129,499,395 | 9,808,139 | -29.4% |
| 2011-04-29 01:59 | 2011-04-26 | WARBURG PINCUS PRIVATE EQUITY VIII L P | 10% owner | SELL | $31.73 | 4,081,292 | $129,499,395 | 9,808,139 | -29.4% |
| 2011-04-28 01:08 | 2011-04-26 | Sparger John Robert | Officer - Senior VP & CAO | SELL | $31.73 | 75,000 | $2,379,750 | 67,843 | -52.5% |
| 2011-04-28 01:09 | 2011-04-26 | Perkins Joe Bob | Officer - President | SELL | $31.73 | 299,000 | $9,487,270 | 72,895 | -80.4% |
| 2011-04-28 01:06 | 2011-04-26 | Johnson Roy E | Officer - Executive Vice President | SELL | $31.73 | 230,000 | $7,297,900 | 116,453 | -66.4% |
| 2011-04-28 01:12 | 2011-04-26 | Heim Michael A | Officer - Executive VP & COO | SELL | $31.73 | 205,000 | $6,504,650 | 116,672 | -63.7% |
| 2011-04-28 01:03 | 2011-04-26 | McParland Jeffrey J | Officer - Pres.-Finance & Administration | SELL | $31.73 | 287,500 | $9,122,375 | 432,274 | -39.9% |
| 2011-04-28 01:11 | 2011-04-26 | Chung Paul W | Officer - EVP, Gen. Counsel & Secretary | SELL | $31.73 | 86,250 | $2,736,713 | 251,075 | -25.6% |
| 2010-12-15 02:09 | 2010-12-10 | Hwang In Seon | Director | SELL | $22.00 | 17,167,918 | $377,694,196 | 13,889,431 | -55.3% |
| 2010-12-15 02:02 | 2010-12-10 | Johnson Roy E | Officer - Executive Vice President | SELL | $22.00 | 128,820 | $2,834,040 | 138,010 | -48.3% |
| 2010-12-15 01:59 | 2010-12-10 | Joung Chansoo | Director | SELL | $22.00 | 17,167,918 | $377,694,196 | 13,889,431 | -55.3% |
| 2010-12-15 01:50 | 2010-12-10 | KAGAN PETER | Director | SELL | $22.00 | 17,167,918 | $377,694,196 | 13,889,431 | -55.3% |
| 2010-12-15 01:32 | 2010-12-10 | WARBURG PINCUS PRIVATE EQUITY VIII L P | 10% owner | SELL | $22.00 | 17,167,918 | $377,694,196 | 13,889,431 | -55.3% |
How to Interpret $TRGP Trades
Not every insider transaction in Targa Resources Corp. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $TRGP shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.
Data Source & Accuracy for TRGP
Insider activity data for Targa Resources Corp. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $TRGP, allowing you to follow the capital of those with the most intimate knowledge of the company.
UNDERSTANDING THE DATA
FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.
TRADE DATE: The actual day the insider executed the purchase or sale in the market.
INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.
OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.
CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.
TRADE TYPES DEFINITIONS
BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.
SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.
OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.