The open-market selling is modest in absolute terms and very small relative to market cap. Monitor for continuation of selling in next 30 days; isolated transactions like these are typically routine and not predictive of material downside.
Price Chart
Executive Summary
Multiple insiders at Targa Resources Corp. (TRGP) sold shares in the past week, including open-market sales totaling approximately $1.5 million. The largest open-market seller was Benjamin Branstetter, who sold $754k worth of shares, while D. Scott Pryor gifted 12,104 shares and sold another $636k. Non-cash transactions (tax withholding, gift) dominate the cluster.
Key Financial Metrics
Key Facts
- Benjamin Branstetter sold 3,158 shares for $754,225 in an open-market transaction.
- Branstetter also surrendered 3,542 shares worth $835,204 for tax withholding (non-cash).
- D. Scott Pryor sold 2,798 shares for $635,921 and gifted 12,104 shares (valued at ~$2.86M at current price, but $0 economic impact).
- Lindsey Cooksen sold 435 shares for $100,800.
- Total open-market sales: ~$1.49M across 3 insiders; gift and tax withholding represent non-economic transactions.
Financial Impact
$1.49 million in open-market sales over 7 days, representing 0.0029% of TRGP's $51.5B market cap
Risk Factors
- Perception of insider selling could weigh on sentiment if misinterpreted.
- If future filings show broader or larger-scale selling, it could signal growing 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-1772575296512 |
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% | $277.71 (−5.39%) |
Aug 26, 2026 5w ago | 144 | $294.03 $293.46 | ▼ −0.19% | ▼ −0.07% | $277.71 (−5.55%) |
Aug 26, 2026 5w ago | Insider Cluster | $294.03 $293.46 | ▼ −0.19% | ▼ −0.07% | $277.71 (−5.55%) |
Aug 25, 2026 5w ago | 8-K | $286.91 $296.06 | ▲ +3.19% | ▲ +3.73% | $277.71 (−3.21%) |
Jul 17, 2026 11w ago | 8-K | $282.91 $285.58 | ▲ +0.94% | ▲ +1.63% | $277.71 (−1.84%) |
Jul 16, 2026 11w ago | Press Release | $282.91 $285.58 | ▲ +0.94% | ▲ +1.63% | $277.71 (−1.84%) |
May 7, 2026 21w ago | 8-K | $251.51 $263.29 | ▲ +4.69% | ▲ +3.18% | $277.71 (+10.42%) |
Apr 16, 2026 24w ago | Press Release | $235.27 $240.69 | ▲ +2.31% | ▲ +1.75% | $277.71 (+18.04%) |
Mar 26, 2026 27w ago | DEFA14A | $250.13 $245.57 | ▼ −1.82% | ▼ −5.69% | $277.71 (+11.03%) |
Feb 26, 2026 31w ago | Insider Cluster | $230.95 $238.81 | ▼ −3.40% | ▼ −4.53% | $277.71 (−20.25%) |
US Market Status
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