Targa officer granted 10,000 shares in stock award

Targa Resources officer Brent B. Secrest received 10,000 directly held shares plus reports 2,500 indirectly held shares.

Rhea-AI Filing Summary

Targa Resources Corp. (symbol: TRGP) is the issuer of record for a Form 4 filing submitted to the SEC. Secrest Brent B. reported acquisition or exercise transactions in this Form 4 filing.

Targa Resources Corp. (TRGP) reported that officer Brent B. Secrest, President - Logistics and Transportation, received a grant of 10,000 shares of Common Stock on September 1, 2026, at no stated per-share cost, held directly. An additional 2,500 shares are held indirectly through Secrest Family Partnership, Ltd. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 10,000 shares

Grant/Award 2 txns

Insider Secrest Brent B.

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10,000	$0.00	$0.00
holding	Common Stock F1	--	--	--

Holdings After Transaction: Common Stock — 10,000 shares (Direct); Common Stock — 2,500 shares (Indirect, See Footnote)

Footnotes (1)

1. F1. Shares are held by Secrest Family Partnership, Ltd., a limited partnership. The general partner of Secrest Family Partnership, Ltd. is Secrest Management, LLC, of which Mr. Secrest is a manager.

Key Figures

Shares granted: 10,000 shares of Common Stock Transaction price per share: $0.0000 per share Direct holdings after transaction: 10,000 shares +1 more

4 metrics

Shares granted 10,000 shares of Common Stock Grant, award, or other acquisition on September 1, 2026

Transaction price per share $0.0000 per share Reported for the 10,000-share grant to Brent B. Secrest

Direct holdings after transaction 10,000 shares Total Common Stock held directly by Brent B. Secrest after the grant

Indirectly held shares 2,500 shares Held by Secrest Family Partnership, Ltd., reported as indirect ownership

Key Terms

indirect ownership, Rule 10b5-1 trading plan, grant, award, or other acquisition, Common Stock

4 terms

indirect ownership financial

"total shares following transaction are reported as indirectly held"

Rule 10b5-1 trading plan regulatory

"No Rule 10b5-1 trading plan is reported for these transactions"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

grant, award, or other acquisition financial

"Transaction is classified as a grant, award, or other acquisition"

Common Stock financial

"Transactions involve Common Stock of Targa Resources Corp."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did TRGP disclose for Brent B. Secrest?

Targa Resources Corp. disclosed that Brent B. Secrest received a grant of 10,000 shares of Common Stock on September 1, 2026, classified as a grant, award, or other acquisition and held directly.

At what price were the new TRGP shares granted to Brent B. Secrest?

The filing reports the 10,000-share grant to Brent B. Secrest with a transaction price per share of $0.0000, indicating it is a compensatory grant rather than an open-market purchase.

How many TRGP shares does Brent B. Secrest hold directly after this Form 4?

After the reported grant, Brent B. Secrest holds 10,000 shares of Targa Resources Corp. Common Stock directly, according to the total shares following the transaction on September 1, 2026.

Does Brent B. Secrest have indirect ownership of TRGP shares?

Yes. The Form 4 reports 2,500 shares held indirectly, owned by Secrest Family Partnership, Ltd., whose general partner is Secrest Management, LLC, of which Mr. Secrest is a manager.

Was the TRGP insider grant made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is unchecked, and there is no indication that the 10,000-share grant to Brent B. Secrest was made under a Rule 10b5-1 trading plan.

What is Brent B. Secrest’s role at Targa Resources Corp. (TRGP)?

Brent B. Secrest is identified as an officer of Targa Resources Corp., with the remarks stating he is President - Logistics and Transportation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/03/2026 - 05:10 PM EDT Accepted by SEC EDGAR 09/03/2026 - 05:00 PM EDT Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Secrest Brent B.

(Last) (First) (Middle)

811 LOUISIANA, SUITE 2100

(Street)

HOUSTON TEXAS 77002

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

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

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

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

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	09/01/2026		A		10,000	A	$0	10,000	D
Common Stock								2,500	I	See Footnote(1)

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:

1. Shares are held by Secrest Family Partnership, Ltd., a limited partnership. The general partner of Secrest Family Partnership, Ltd. is Secrest Management, LLC, of which Mr. Secrest is a manager.

Remarks:

President - Logistics and Transportation

	/s/ Brent B. Secrest	09/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)