Targa Resources (TRGP) officer reports January Form 4 stock moves

Rhea-AI Filing Summary

Targa Resources Corp. executive Patrick J. McDonie, identified as President - Gathering and Processing, reported multiple transactions in the company’s common stock in January 2026. On January 15, 2026, he acquired 9,081 shares at a price of $0 per share, bringing his directly held position to 322,822 shares afterward. On January 19, 2026, he acquired an additional 33,965 shares at $0 per share, followed by two transactions coded “F” disposing of 14,129 shares and 5,958 shares at $185.35 per share. After these transactions, he directly beneficially owned 336,700 shares of Targa Resources common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McDonie Patrick J.

(Last) (First) (Middle)

811 LOUISIANA, SUITE 2100

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Targa Resources Corp. [ TRGP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/15/2026		A		9,081	A	$0	322,822	D
Common Stock	01/19/2026		A		33,965	A	$0	356,787	D
Common Stock	01/19/2026		F		14,129	D	$185.35	342,658	D
Common Stock	01/19/2026		F		5,958	D	$185.35	336,700	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

President - Gathering and Processing

	/s/ Patrick J. McDonie	01/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who is the insider in the Targa Resources (TRGP) January 2026 Form 4?

The Form 4 identifies Patrick J. McDonie as the reporting person. He is an officer of Targa Resources Corp. with the title President - Gathering and Processing and is not listed as a director or 10% owner.

What transactions did Patrick J. McDonie report in Targa Resources (TRGP) stock?

He reported four non-derivative transactions in Targa Resources common stock: two acquisitions coded A on January 15 and 19, 2026, and two dispositions coded F on January 19, 2026.

How many Targa Resources (TRGP) shares did the insider acquire and dispose of?

According to the Form 4, he acquired 9,081 shares on January 15, 2026 and 33,965 shares on January 19, 2026. He also disposed of 14,129 shares and 5,958 shares on January 19, 2026, both in transactions coded F.

What prices were reported for the Targa Resources (TRGP) Form 4 transactions?

The acquisitions on January 15 and 19, 2026 were reported at a price of $0 per share. The two transactions coded F on January 19, 2026 were reported at $185.35 per share.

How many Targa Resources (TRGP) shares does Patrick J. McDonie hold after these Form 4 transactions?

Following the reported January 2026 transactions, the Form 4 shows that Patrick J. McDonie directly beneficially owned 336,700 shares of Targa Resources Corp. common stock.

Are any derivative securities reported in this Targa Resources (TRGP) Form 4?

No derivative securities are reported. The Form 4’s Table II for derivative securities is present but does not list any derivative transactions or holdings.