Kneale Jennifer R. 4: 27,984 shares of TRGP ($6,439,076)

Our Take

→Kneale's $6.4M sale represents roughly 60% of her total TRGP holdings, a meaningful reduction for an executive at a midstream energy company navigating volatile commodity cycles. The timing coincides with Targa's stock trading near 52-week highs—a classic window for insiders to rebalance concentrated positions without signaling distress. Worth tracking whether other officers follow suit, which would suggest confidence has limits despite the company's recent operational improvements in its logistics and processing segments.