Targa director gifts 1,000 Targa Resources shares

Targa Resources Corp. (TRGP) director Paul W. Chung reported a bona fide gift of 1,000 shares of common stock on 2026-08-20, classified as a disposition.

Rhea-AI Filing Summary

Targa Resources Corp. (TRGP) director Paul W. Chung reported a bona fide gift of 1,000 shares of common stock on 2026-08-20, classified as a disposition. After this gift, he directly holds 30,479 TRGP common shares. He also reports additional indirect holdings, including shares held through the Paul Chung 2008 Family Trust and the Helen Chung 2007 Family Trust, as well as 45,816 shares held indirectly through an IRA.

Insider Trade Summary

1,000 shares gifted

Gift 4 txns

Insider Chung Paul W

Role Director

Type	Security	Shares	Price	Value
Gift	Common Stock	1,000	$0.00	$0.00
holding	Common Stock F1	--	--	--
holding	Common Stock F2	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 30,479 shares (Direct); Common Stock — 433,327 shares (Indirect, See Footnote); Common Stock — 45,816 shares (Indirect, By IRA)

Footnotes (2)

1. F1. These shares are held by the Paul Chung 2008 Family Trust, of which Mr. Chung serves as trustee.
2. F2. These shares are held by the Helen Chung 2007 Family Trust, of which Mr. Chung's spouse and Mr. Chung's sister-in-law serve as co-trustees.

Key Figures

Gifted shares: 1,000 shares of Common Stock Transaction price per share: $0.00 per share Direct holdings after transaction: 30,479 shares of Common Stock +2 more

5 metrics

Gifted shares 1,000 shares of Common Stock Bona fide gift by Paul W. Chung on 2026-08-20

Transaction price per share $0.00 per share Recorded price for the gifted 1,000 shares

Direct holdings after transaction 30,479 shares of Common Stock Direct ownership by Paul W. Chung following the gift

Indirect holdings by IRA 45,816 shares of Common Stock Indirect ownership reported as held by IRA

Gift transactions count 1 gift Number of bona fide gift transactions in this Form 4

Key Terms

Bona fide gift, Indirect ownership, IRA, Form 4

4 terms

Bona fide gift financial

"transaction_code_description: "Bona fide gift""

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Indirect ownership financial

"ownership_type": "indirect" for certain share holdings"

IRA financial

"nature_of_ownership": "By IRA" for indirect holdings"

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did TRGP director Paul W. Chung report?

Paul W. Chung reported a bona fide gift of 1,000 shares of Targa Resources Corp. common stock on 2026-08-20. The transaction was coded as a gift (Code G) and recorded with a per-share transaction price of $0.00.

How many TRGP shares does Paul W. Chung hold directly after this Form 4?

After the reported gift, Paul W. Chung directly holds 30,479 shares of Targa Resources Corp. common stock. This figure is reported as the total number of shares owned following the transaction in the Form 4 data.

What indirect TRGP shareholdings are associated with Paul W. Chung?

Indirect holdings include shares held by the Paul Chung 2008 Family Trust, where he serves as trustee, and by the Helen Chung 2007 Family Trust, where his spouse and sister-in-law are co-trustees, as well as 45,816 shares held indirectly through an IRA.

Was the TRGP Form 4 transaction by Paul W. Chung a market sale or purchase?

No. The Form 4 reports a bona fide gift of 1,000 shares of Targa Resources Corp. common stock. It is not a market sale or purchase, and the recorded transaction price per share is $0.00.

Does the Form 4 for TRGP indicate a Rule 10b5-1 trading plan for this transaction?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), so the reported gift transaction is not identified as made under a Rule 10b5-1 trading plan.

How many gifted TRGP shares are reported in this Form 4?

The Form 4 reports a single bona fide gift transaction involving 1,000 shares of Targa Resources Corp. common stock, reflected in the transaction summary as giftShares of 1,000 and giftCount of 1.

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

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Available on EDGAR 08/24/2026 - 04:31 PM EDT Accepted by SEC EDGAR 08/24/2026 - 04:30 PM EDT Learn about SEC filing dates

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^*

Chung Paul W

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

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	08/20/2026		G		1,000	D	$0	30,479	D
Common Stock								232,827	I	See Footnote(1)
Common Stock								200,500	I	See Footnote(2)
Common Stock								45,816	I	By IRA

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 held by the Paul Chung 2008 Family Trust, of which Mr. Chung serves as trustee.

2. These shares are held by the Helen Chung 2007 Family Trust, of which Mr. Chung's spouse and Mr. Chung's sister-in-law serve as co-trustees.

	/s/ Paul W. Chung	08/24/2026
	** 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)