Targa Resources (TRGP) director reports 1,030-share stock grant

Rhea-AI Filing Summary

Targa Resources Corp. director Joe Bob Perkins reported an acquisition of company stock. On 01/15/2026, 1,030 shares of common stock were acquired at a price of $0 per share, increasing his directly held position to 22,369 shares.

In addition to these direct holdings, he reports indirect beneficial ownership of 19,600 shares held by his wife, 7,622 shares owned by PBHtwo LP, and 110,470 shares owned by Perkins Blue House Investments Limited Partnership, entities with which he is associated as described in the footnotes.

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

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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^*

Perkins Joe Bob

(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
	Officer (give title below)		Other (specify below)

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		1,030	A	$0	22,369	D
Common Stock								19,600	I	By Wife
Common Stock								7,622	I	See Footnote(1)
Common Stock								110,470	I	See Footnote(2)

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. These shares are owned by PBHtwo LP. Mr. Perkins is the sole member of JBP GP, L.L.C., one of the general partners of PBHtwo LP.

2. These shares are owned by the Perkins Blue House Investments Limited Partnership ("PBHILP"). Mr. Perkins is the sole member of JBP GP, L.L.C., one of the general partners of the PBHILP.

	/s/ Joe Bob Perkins	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 transaction did Targa Resources (TRGP) report for Joe Bob Perkins?

On 01/15/2026, director Joe Bob Perkins reported the acquisition of 1,030 shares of Targa Resources Corp. common stock at a price of $0 per share, coded as an acquisition transaction.

How many TRGP shares does Joe Bob Perkins hold directly after this Form 4?

Following the reported transaction, Joe Bob Perkins directly beneficially owns 22,369 shares of Targa Resources Corp. common stock.

What indirect TRGP shareholdings related to Joe Bob Perkins are disclosed?

The filing shows indirect beneficial ownership of 19,600 shares held By Wife, 7,622 shares owned by PBHtwo LP, and 110,470 shares owned by Perkins Blue House Investments Limited Partnership (PBHILP).

Who is PBHtwo LP in relation to the TRGP Form 4 filing?

PBHtwo LP owns 7,622 shares of Targa Resources Corp. common stock. The filing states that Mr. Perkins is the sole member of JBP GP, L.L.C., one of the general partners of PBHtwo LP.

What is Perkins Blue House Investments Limited Partnership (PBHILP) in this TRGP filing?

PBHILP owns 110,470 shares of Targa Resources Corp. common stock. Mr. Perkins is the sole member of JBP GP, L.L.C., one of the general partners of PBHILP.

What is the role of Joe Bob Perkins at Targa Resources Corp.?

Joe Bob Perkins is identified in the filing as a Director of Targa Resources Corp.