Targa Resources (NYSE: TRGP) CEO Meloy logs stock grants and sales

Rhea-AI Filing Summary

Targa Resources Corp. insider activity: Chief Executive Officer and Director Matthew J. Meloy reported multiple transactions in the company’s common stock. On 01/15/2026, he acquired 32,828 shares at a price of $0, bringing his holdings to 706,384 shares. On 01/19/2026, he acquired an additional 133,905 shares at $0, increasing his position to 840,289 shares.

Also on 01/19/2026, Meloy disposed of 51,921 shares of common stock at $185.35 per share, followed by a further disposition of 21,077 shares at the same price, resulting in 767,291 shares of common stock owned directly after these transactions.

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^*

MELOY MATTHEW 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

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		32,828	A	$0	706,384	D
Common Stock	01/19/2026		A		133,905	A	$0	840,289	D
Common Stock	01/19/2026		F		51,921	D	$185.35	788,368	D
Common Stock	01/19/2026		F		21,077	D	$185.35	767,291	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/ Matthew J. Meloy	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

What insider transactions did TRGP CEO Matthew J. Meloy report?

Matthew J. Meloy, Chief Executive Officer and Director of Targa Resources Corp. (TRGP), reported acquiring 32,828 shares on 01/15/2026 and 133,905 shares on 01/19/2026, both at $0 per share, and disposing of 51,921 and 21,077 shares on 01/19/2026 at $185.35 per share.

How many TRGP shares does Matthew J. Meloy own after these Form 4 transactions?

Following the reported transactions, Matthew J. Meloy directly owns 767,291 shares of Targa Resources Corp. common stock.

On what dates did the reported TRGP insider transactions occur?

The reported transactions in Targa Resources Corp. common stock occurred on 01/15/2026 and 01/19/2026, as disclosed in the Form 4.

What prices were reported for Matthew J. Meloy’s TRGP stock transactions?

The acquisitions on 01/15/2026 and 01/19/2026 were reported at a price of $0 per share, while the dispositions on 01/19/2026 were reported at $185.35 per share.

What is Matthew J. Meloy’s role at Targa Resources Corp.?

Matthew J. Meloy is reported as both a Director and an Officer of Targa Resources Corp., serving as Chief Executive Officer.

Is the TRGP Form 4 filed by one or multiple reporting persons?

The Form 4 indicates it is a Form filed by One Reporting Person, namely Matthew J. Meloy.