Monitor for potential downward pressure on sentiment; follow upcoming earnings or strategic announcements that may explain the timing of these sales, especially given the President's material transaction.
Price Chart
Executive Summary
Multiple insiders at Targa Resources Corp. (TRGP) sold shares in the past week, including President Jennifer Kneale who sold $6.4M worth of stock. Two non-cash gift transactions were also reported, but the open-market sales totaled $7.1M, signaling potential caution from leadership.
Key Financial Metrics
Key Facts
- President Jennifer R. Kneale sold 27,984 shares for $6.44M in open-market transactions.
- Scott D. Pryor, Executive Chairman, sold 2,798 shares for $635,921 and gifted 12,104 shares (non-cash).
- Lindsey Cooksen sold 435 shares for $100,800.
- Rene R. Joyce gifted 4,000 shares (non-cash transaction).
- Total open-market sales in cluster: $7.18M over 7 days.
Financial Impact
$7.18M in insider sales over 7 days, representing 0.014% of TRGP's $49.7B market cap
Risk Factors
- Insider selling, particularly by the President and Executive Chairman, may signal lack of confidence in near-term performance.
- Although the total value is small relative to market cap, the concentration among top executives increases concern.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (5 trades, 7d window) | cluster-TRGP-1772227969981 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 29d ago | Insider Cluster | $293.54 $290.25 | ▼ −1.12% | ▲ +0.03% | $277.28 (−5.54%) |
Aug 26, 2026 5w ago | 144 | $294.03 $293.46 | ▼ −0.19% | ▼ −0.07% | $277.28 (−5.70%) |
Aug 26, 2026 5w ago | Insider Cluster | $294.03 $293.46 | ▼ −0.19% | ▼ −0.07% | $277.28 (−5.70%) |
Aug 25, 2026 5w ago | 8-K | $286.91 $296.06 | ▲ +3.19% | ▲ +3.73% | $277.28 (−3.36%) |
Jul 17, 2026 11w ago | 8-K | $282.91 $285.58 | ▲ +0.94% | ▲ +1.63% | $277.28 (−1.99%) |
Jul 16, 2026 11w ago | Press Release | $282.91 $285.58 | ▲ +0.94% | ▲ +1.63% | $277.28 (−1.99%) |
May 7, 2026 21w ago | 8-K | $251.51 $263.29 | ▲ +4.69% | ▲ +3.18% | $277.28 (+10.25%) |
Apr 16, 2026 24w ago | Press Release | $235.27 $240.69 | ▲ +2.31% | ▲ +1.75% | $277.28 (+17.86%) |
Mar 26, 2026 27w ago | DEFA14A | $250.13 $245.57 | ▼ −1.82% | ▼ −5.69% | $277.28 (+10.86%) |
Feb 26, 2026 31w ago | Insider Cluster | $230.95 $238.81 | ▼ −3.40% | ▼ −4.53% | $277.28 (−20.06%) |
US Market Status
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