Targa Resources (NYSE: TRGP) executive has 578 shares withheld for tax liability

Rhea-AI Filing Summary

Targa Resources Corp. reported that Senior VP and CAO John Christopher Eklof had 578 shares of common stock withheld on August 1, 2026 to satisfy an exercise price or tax liability at $270.37 per share. After this disposition, he directly holds 13,508 shares of Targa Resources common stock. The transaction was not carried out under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Seller: 578 shares

Net Sell 1 txn

Insider Eklof John Christopher

Role Senior VP and CAO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	578	$270.37	$156K

Holdings After Transaction: Common Stock — 13,508 shares (Direct)

Key Figures

Shares withheld: 578 shares Transaction price per share: $270.37 per share Shares owned after transaction: 13,508 shares

3 metrics

Shares withheld 578 shares Shares delivered or withheld to satisfy an exercise price or tax liability on August 1, 2026

Transaction price per share $270.37 per share Per-share value applied to the 578-share withholding transaction

Shares owned after transaction 13,508 shares Directly owned Targa Resources common shares following the withholding event

Key Terms

exercise price or tax liability, direct ownership, insider holdings

3 terms

exercise price or tax liability financial

"withheld on August 1, 2026 to satisfy an exercise price or tax liability"

direct ownership financial

"After this disposition, he directly holds 13,508 shares"

insider holdings financial

"this filing updates his current insider holdings in the company"

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 04:31 PM Accepted by SEC EDGAR 08/04/2026 - 04:30 PM Learn about SEC filing dates

FAQ

What insider transaction did Targa Resources (TRGP) report for John Christopher Eklof?

Targa Resources reported that Senior VP and CAO John Christopher Eklof had 578 common shares withheld to satisfy an exercise price or tax liability. The disposition occurred on August 1, 2026 at $270.37 per share, and was recorded as a direct holding adjustment.

How many TRGP shares does John Christopher Eklof own after this transaction?

Following the reported transaction, John Christopher Eklof directly owns 13,508 shares of Targa Resources common stock. Before the 578-share withholding for exercise price or tax liability, his direct position was higher; this filing updates his current insider holdings in the company.

Was the TRGP insider transaction by Eklof executed under a Rule 10b5-1 trading plan?

No. The filing explicitly indicates that the transaction was not made pursuant to a Rule 10b5-1 trading plan. This means the share withholding for exercise price or tax liability was not carried out under a pre-arranged automatic trading agreement.

What price per share was used for the 578 TRGP shares withheld from Eklof?

The 578 Targa Resources shares were valued at $270.37 per share for this transaction. That per-share figure is used in the filing for the withholding tied to an exercise price or tax liability, rather than representing an open-market purchase or sale.

Does the Eklof Form 4 for TRGP indicate a market sale of shares?

No. The transaction is coded "F", described as payment of an exercise price or tax liability by delivering or withholding securities. This reflects an internal share withholding event, not an ordinary open-market sale to third-party buyers.

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^*

Eklof John Christopher

(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)
	Senior VP and CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2026

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	08/01/2026		F		578	D	$270.37	13,508	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:

	/s/ John Christopher Eklof	08/04/2026
	** 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)