TRGP CEO Matthew Meloy gifts 40,000 Targa Resources (TRGP) shares

Rhea-AI Filing Summary

Targa Resources Corp. director and Chief Executive Officer Matthew J. Meloy reported a bona fide gift of 40,000 shares of common stock. The gift was recorded at a price of $0.00 per share, indicating no sale proceeds. After this transfer, he directly owns 727,291 common shares.

Insider Trade Summary

40,000 shares gifted

Mixed 1 txn

Insider MELOY MATTHEW J

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Gift	Common Stock	40,000	$0.00	--

Holdings After Transaction: Common Stock — 727,291 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^*

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)
02/24/2026

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	02/24/2026		G		40,000	D	$0	727,291	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	02/25/2026
	** 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 TRGP CEO Matthew J. Meloy report?

Matthew J. Meloy reported a bona fide gift transfer of 40,000 shares of Targa Resources Corp. common stock. The transaction used code G, indicating a gift, and was priced at $0.00 per share with no sale proceeds received.

How many TRGP shares did Matthew J. Meloy hold after the reported gift?

After the bona fide gift of 40,000 common shares, Matthew J. Meloy directly holds 727,291 shares of Targa Resources Corp. stock. This reflects his remaining direct ownership position following the non-cash gift transaction reported on the Form 4.

Was the TRGP insider transaction a sale or a purchase of shares?

The TRGP insider transaction was neither a sale nor a purchase; it was a bona fide gift. The Form 4 uses transaction code G for gift, with a reported price of $0.00 per share and a transaction direction classified as a disposition.

What type of security was involved in Matthew J. Meloy’s TRGP Form 4 filing?

The security involved was Targa Resources Corp. common stock. The Form 4 shows a non-derivative transaction, where 40,000 common shares were transferred as a bona fide gift, leaving Matthew J. Meloy with 727,291 directly owned common shares afterward.

Does the TRGP Form 4 indicate whether the insider’s ownership is direct or indirect?

Yes. The Form 4 indicates that Matthew J. Meloy’s ownership after the transaction is direct, coded as D. Following the 40,000-share gift, he directly owns 727,291 shares of Targa Resources Corp. common stock, with no indirect ownership description in this filing.