Insider at Targa Resources (NYSE: TRGP) acquires and disposes shares

Rhea-AI Filing Summary

Targa Resources Corp. insider activity: President Jennifer R. Kneale reported multiple common stock transactions in January 2026. On January 15, 2026, she acquired 14,927 shares of common stock at $0 per share, bringing her beneficial ownership to 242,196 shares held directly. On January 19, 2026, she acquired an additional 48,558 shares at $0 per share, increasing her holdings to 290,754 shares.

Also on January 19, two transactions coded "F" involved dispositions of 18,342 shares and 7,643 shares at a price of $185.35 per share. After these transactions, Kneale directly beneficially owned 264,769 shares of Targa Resources common stock.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Kneale Jennifer R.

Role President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	48,558	$0.00	--
Tax Withholding	Common Stock	18,342	$185.35	$3.40M
Tax Withholding	Common Stock	7,643	$185.35	$1.42M
Grant/Award	Common Stock	14,927	$0.00	--

Holdings After Transaction: Common Stock — 290,754 shares (Direct)

Footnotes (1)

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)
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		14,927	A	$0	242,196	D
Common Stock	01/19/2026		A		48,558	A	$0	290,754	D
Common Stock	01/19/2026		F		18,342	D	$185.35	272,412	D
Common Stock	01/19/2026		F		7,643	D	$185.35	264,769	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/ Jennifer R. Kneale	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) Form 4 filing?

The insider is Jennifer R. Kneale, who serves as President of Targa Resources Corp. and is the sole reporting person on this Form 4.

How many Targa Resources (TRGP) shares did Jennifer Kneale acquire in January 2026?

Jennifer Kneale reported acquiring 14,927 shares of common stock on January 15, 2026 and 48,558 shares on January 19, 2026, both at a reported price of $0 per share.

What disposals of Targa Resources (TRGP) stock did Jennifer Kneale report?

On January 19, 2026, she reported two transactions coded "F" disposing of 18,342 shares and 7,643 shares of common stock at $185.35 per share.

What is Jennifer Kneale’s Targa Resources (TRGP) share ownership after these transactions?

Following the reported transactions, Jennifer Kneale beneficially owned 264,769 shares of Targa Resources common stock, all reported as held directly.

Are any of Jennifer Kneale’s Targa Resources (TRGP) holdings indirect?

All transactions and the 264,769 shares beneficially owned after the transactions are reported with ownership form Direct (D), with no nature of indirect ownership listed.

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

The section for derivative securities is present but contains no populated transactions, indicating only non-derivative common stock activity was reported in this filing.