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  4. [Form 4] Targa Resources Corp. Insider Trading Activity

Targa Resources (TRGP) president sells 29,509 shares in open market

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Targa Resources Corp. reported that President Jennifer R. Kneale sold a total of 29,509 shares of its common stock in open-market transactions on February 24, 2026. The sales occurred at weighted average prices of $230.0985 and $230.4278 per share. Following these transactions, she directly holds 235,260 shares of Targa common stock.

Positive

  • None.

Negative

  • None.
Insider Kneale Jennifer R.
Role President
Sold 29,509 shs ($6.79M)
Type Security Shares Price Value
Sale Common Stock 27,984 $230.0985 $6.44M
Sale Common Stock 1,525 $230.4278 $351K
Holdings After Transaction: Common Stock — 236,785 shares (Direct)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $229.34 to $230.30, inclusive. The reporting person undertakes to provide to Targa Resources Corp., any security holder of Targa Resources Corp., or the staff of the United States Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $230.385 to $230.525, inclusive.
Form 4 Insider Transactions: What Each Field Means →
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*
Kneale Jennifer R.
(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)
President
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
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 02/24/2026 S 27,984 D $230.0985(1) 236,785 D
Common Stock 02/24/2026 S 1,525 D $230.4278(2) 235,260 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:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $229.34 to $230.30, inclusive. The reporting person undertakes to provide to Targa Resources Corp., any security holder of Targa Resources Corp., or the staff of the United States Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $230.385 to $230.525, inclusive.
/s/ Jennifer R. Kneale 02/25/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Targa Resources Corp. (TRGP) report for Jennifer R. Kneale?

Targa Resources Corp. reported that President Jennifer R. Kneale sold a total of 29,509 shares of common stock in open-market transactions. These sales took place on February 24, 2026, as disclosed in a Form 4 insider trading report.

At what prices did Jennifer R. Kneale sell Targa Resources (TRGP) shares?

Jennifer R. Kneale sold Targa Resources common stock at weighted average prices of $230.0985 and $230.4278 per share. Footnotes explain the shares were sold in multiple trades within price ranges around these averages.

How many Targa Resources (TRGP) shares does Jennifer R. Kneale own after the Form 4 sales?

After the reported sales, Jennifer R. Kneale directly owns 235,260 shares of Targa Resources common stock. This post-transaction balance is shown in the Form 4 as the total shares beneficially owned following the transactions.

Were Jennifer R. Kneale’s Targa Resources (TRGP) transactions open-market sales?

Yes. The Form 4 describes the transactions as open-market sales of common stock, coded “S” for sale in open market or private transactions. The filing characterizes both entries as non-derivative sales of common stock.

What do the Form 4 footnotes say about the Targa Resources (TRGP) sale prices?

The footnotes state that reported prices are weighted averages. The 27,984-share block was sold between $229.34 and $230.30, and the 1,525-share block between $230.385 and $230.525, with detailed trade breakdowns available on request.

Is Jennifer R. Kneale a director or officer of Targa Resources (TRGP)?

According to the Form 4, Jennifer R. Kneale is an officer of Targa Resources Corp. and holds the title of President. She is not listed as a director or ten percent owner in this filing.