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TRGP Targa Resources Corp. Insider Trading

Latest: Director Sold $2.7M of Shares · May 2026

Multiple insiders have been active at Targa Resources Corp. (TRGP): 9 distinct insiders account for 0 buy filings and 22 sell filings as of May 2026. Its highest-significance filing in the last 90 days: Director Charles R Crisp sold $2.7M, transaction dated May 2026.

22 filings analyzed · Latest 2026-05-13

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Buys
0
Sells
22
Insiders
9
Direction
Net selling

Targa Resources Corp. leadership

CEO
Matthew J. Meloy — CHIEF EXECUTIVE OFFICER
CFO
William A. Byers — CHIEF FINANCIAL OFFICER
General Counsel
Gerald R. Shrader — Executive Vice President, General Counsel and Secretary
Chair
Paul W. Chung — Chairman of the Board of Directors

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a medium insider sell (n ≈ 4,738, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-13
medium
10,602 shares
$2,713,738
@ $255.96
Significance 4

Director Charles R Crisp sold 10,602 shares of TRGP for $2.7M; stock near 52-week highs after recent gains.

Director Charles R Crisp sold roughly 14% of his stake in Targa Resources while the stock trades near its 52-week high and has rallied significantly over recent months. This is his third open-market sale at TRGP in the past three years, continuing a pattern of consistent share dispositions. However, the near-term timing context suggests caution: his most recent prior sale at this ticker saw the stock rise afterward, indicating that past exits have not been well-timed. The company remains fundamentally sound—it is profitable with steady revenue growth and trades at a moderate valuation—but Crisp's exit at elevated prices, following a strong recent run, is worth monitoring as a potential signal of selective position reduction among the board.

March 2026
2026-03-06
medium
Chief Commercial Officer
24,589 shares
$5,934,378
@ $241.34
Significance 5

CCO Robert Muraro sold 24,589 shares of TRGP at $241.34, reducing holdings by 11.1% to 197,401 shares; stock up 31.2% in 90 days.

Muraro sold 24,589 shares for $5,934,378.11 near recent highs ($244.04 52-week peak), with the current price at $237.20 and the stock up 31.2% over the prior 90 days and 16.0% over 30 days. His five prior trades at TRGP all posted positive 90-day returns (ranging from +12.3% to +38.8%), and none achieved negative post-sale returns that would indicate well-timed downside exits; his cross-ticker track record shows a 0.00% well-timed rate across 7 prior sells. The fundamental backdrop is stable: $4.2B quarterly revenue, $478.4M net income, 4.0% annual growth, and a 21.78 P/E ratio. The sale appears discretionary—a reduction of 11.1% of pre-transaction holdings during a period of strong momentum—though the absence of a scheduled trading plan notation leaves the timing nature unclear.

2026-03-04
low
See Remarks
31,537 shares
$7,548,842
@ $239.36
Significance 5

McDonie Patrick J. sold 31,537 shares of TRGP for $7,548,842.46 at blended avg $239.36; retains 305,163 shares post-sale.

McDonie Patrick J. executed 2 separate sales totaling 31,537 shares for $7,548,842.46, reducing holdings by 9.4% to 305,163 shares. The sales occurred at $239.33 and $240.25, close to the current price of $243.05, and within 0.4% of the 52-week high ($244.04). The stock has appreciated 22.3% over 30 days and 35.0% over 90 days, indicating significant recent momentum. With a market cap of $52.2B, $4.2B in latest quarterly revenue, and a P/E of 22.32, TRGP is a large-cap energy infrastructure company. The sale represents a routine partial reduction of insider holdings in a company with strong recent price momentum, with no filing flags present to indicate scheduling constraints.

February 2026
2026-02-27
medium
See Remarks
17,500 shares
$4,006,029
@ $228.92
Significance 5

Targa Resources: D. Scott sells 17.5K shares for $4.0M across 4 transactions at blended avg $228.92; stock now $235.80.

Pryor D. Scott executed 4 separate sales on 2026-02-25 totaling 17,500 shares for $4,006,029.06, reducing holdings by 37.2% from 47.1K to 29.6K shares. The blended average transaction price of $228.92 sits below the current price of $235.80, suggesting a near-term unrealized opportunity cost. His cross-ticker track record shows a 90-day well-timed rate of only 22.22%, indicating his prior sales generally precede stock appreciation rather than declines; at TRGP specifically, only 1 of 5 prior sales exhibited positive timing (negative 90-day return after the sale). With TRGP up 17.2% over 30 days and 34.5% over 90 days, and trading at a P/E of 21.65 on $4.2B revenue and $478.4M net income, the timing pattern does not suggest prescient exit execution by this insider.

2026-02-25
high
President
29,509 shares
$6,790,479
@ $230.12
Significance 7

Targa President Kneale sells 29,509 shares for $6,790,478.82 at blended $230.12, near 52-week high of $231.87.

Jennifer R. Kneale, President of Targa Resources Corp., executed 2 separate sales totaling 29,509 shares (29.5K shares) for $6,790,478.82 at a blended average price of $230.12 on 2026-02-24. The transaction occurred at prices within 0.8% of the 52-week high of $231.87, and the stock has surged 19.5% over the prior 30 days and 32.9% over 90 days. Notably, Kneale's prior 5 trades at TRGP all exhibited negative 90-day returns (ranging from -16.3% to -19.0%), with a 100% well-timed rate at this ticker, suggesting a consistent pattern of selling before subsequent price declines. This sale reduces her position by 11.1% (from 264.8K to 235.3K shares) and occurs against a backdrop of strong recent momentum in the stock.

November 2025
2025-11-18
low
See Remarks
20,000 shares
$3,444,150
@ $172.21
Significance 4

Pryor D. Scott sold 20,000 shares of TRGP at $172.21 (50% of holdings); stock now -21.9% from 52-week high.

Pryor D. Scott executed a 50.0% reduction in his TRGP holdings on 2025-11-14, selling 20,000 shares at $172.21 for $3,444,150.00 total value. The stock currently trades at $169.58, down 21.9% from its 52-week high of $217.22, though it has recovered 14.1% over the past 30 days and 4.1% over 90 days. At the same-ticker level, his prior five sales at TRGP have shown mixed outcomes: only 1 of 5 was well-timed (negative 90-day return), suggesting limited predictive power in his historical transaction patterns at this specific security. The fundamental picture shows TRGP remains solidly profitable ($478.4M net income on $4.2B in revenue) with a P/E of 21.07, providing no apparent distress signal. The magnitude of the position reduction—selling exactly half—merits observation but lacks clear directional conviction absent additional context on the timing constraint or portfolio strategy.

August 2025
2025-08-19
medium
See Remarks
20,000 shares
$3,307,044
@ $165.35
Significance 5

Pryor D. Scott sold 20,000 shares of TRGP at $165.35 on 2025-08-15; stock now -26.0% from 52-week high at $160.77.

Scott sold 20,000 shares (-32.2% of pre-transaction holdings) at $165.35, a price that now appears elevated relative to current market conditions: the stock trades at $160.77, down -6.0% in 30 days and -26.0% from its 52-week high of $217.22. His prior trades at TRGP show mixed timing results—only 1 of 5 prior sells occurred before subsequent declines, suggesting inconsistent predictive accuracy at this ticker. His cross-ticker track record shows a 28.57% well-timed rate across 7 sells, which is modest, and his average 90-day return after sells has been +6.5%, indicating his sales have generally preceded stock gains rather than declines. The $3,307,044.00 sale reduces his position to 42,139 shares, a significant reduction in direct exposure to a company with $629.1M in net income and a $34.6B market capitalization.

May 2025
2025-05-12
medium
See Remarks
20,000 shares
$3,232,841
@ $161.64
Significance 5

Pryor D. Scott sells 20,000 TRGP shares for $3.2M; stock down 18.2% over 90 days; prior TRGP sales 75% poorly-timed.

Pryor D. Scott executed two separate sales totaling 20,000 shares for $3,232,840.78 at blended average price $161.64, reducing his holdings by 24.3% to 62,139 shares. The current price of $166.19 stands 30.5% above his transaction prices but remains 23.5% below the 52-week high of $217.22. Examining his prior four measurable sales at TRGP, only 1 of 4 were well-timed (25%), with 90-day returns of +4.6%, +39.7%, +19.9%, and -1.2%—a mixed pattern that provides limited predictive signal. The stock's 90-day decline of 18.2% creates a context where a well-timed exit would have preceded or aligned with weakness, but Scott's historical timing accuracy at this ticker (25%) and recent price momentum (+1.6% over 30 days) suggest this sale warrants monitoring against future TRGP performance rather than constituting a clear conviction signal.

March 2025
2025-03-05
medium
6,222 shares
$1,262,532
@ $202.91
Significance 4

Director Chung Paul W sold 6,222 shares at $202.91 blended average for $1,262,532.03 on 2025-02-28.

Director Paul W Chung executed 2 separate sales totaling 6,222 shares for $1,262,532.03, reducing his holdings by 14.8% from 42,142 to 35,920 shares. The sales occurred at blended average price of $202.91, substantially above the current price of $186.81 (14.0% below the 52-week high of $217.22). His prior 3 sales at TRGP posted mixed 90-day outcomes (range 1.9% to 6.4% positive returns), indicating the stock has not declined materially after his prior exits at this ticker. The current sale occurs in a stock that is down 7.4% over 30 days and 5.8% over 90 days, though timing patterns across his transaction history show 0 of 3 prior TRGP sells were well-timed at the 90-day mark. TRGP trades at P/E 33.24 with recent quarterly revenue of $3,851,800,000 and net income of $387,400,000.

February 2025
2025-02-27
medium
See Remarks
35,000 shares
$6,905,563
@ $197.30
Significance 5

Pryor D. Scott sold 35,000 shares of Targa Resources (TRGP) at $197.30, reducing holdings by 29.9% to 82,139 shares

Pryor D. Scott executed a substantial sale of 35,000 shares at $197.30 on 2025-02-27, reducing his position by 29.9% and lowering his remaining holdings to 82,139 shares. The transaction occurred 10.0% below the 52-week high of $217.22, as TRGP has declined 3.4% over the past 30 days and 4.3% over 90 days. Across all his open-market history and holdings, his prior four sells carried an average 90-day return of +15.7%, with a 25.00% well-timed rate, suggesting his historical sells have generally preceded upward price movement. At the same ticker, his prior four sales at TRGP showed mixed timing: three of the four were followed by positive 90-day returns (ranging from +4.6% to +39.7%), with only one prior sale well-timed at the 90-day mark. The company itself remains fundamentally solid with $3.9B in quarterly revenue, $387.4M in net income, and a P/E of 34.79, leaving no obvious signal of distress motivating the sale.

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