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Targa director gifts 8,370 shares of stock

Targa Resources director Joe Bob Perkins reported a gift transfer of 8,370 TRGP shares via an affiliated partnership and updated his direct and indirect share holdings.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Targa Resources Corp. (TRGP) director Joe Bob Perkins reported a disposition of company equity through a bona fide gift of 8,370 shares of Common Stock on September 3, 2026, made by Perkins Blue House Investments Limited Partnership, an entity associated with him. After these transactions, he reports holding 22,369 shares directly and 19,600 shares indirectly through his wife, plus additional indirect holdings through PBHtwo LP. No Rule 10b5-1 trading plan is reported for these transactions.

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Insider Perkins Joe Bob
Role Director
Type Security Shares Price Value
Gift Common Stock F1 8,370 $0.00 $0.00
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock F2 -- -- --
Holdings After Transaction: Common Stock — 109,722 shares (Indirect, See Footnote); Common Stock — 22,369 shares (Direct); Common Stock — 19,600 shares (Indirect, By Wife)
Footnotes (2)
  1. F1. 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.
  2. F2. 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.
Shares gifted 8,370 shares Bona fide gift of Common Stock on September 3, 2026
Direct holdings after transaction 22,369 shares Common Stock held directly by Joe Bob Perkins after September 3, 2026
Indirect holdings by spouse 19,600 shares Common Stock held indirectly "By Wife" after September 3, 2026
Gift price per share $0.00 per share Reported price for the bona fide gift of 8,370 shares
bona fide gift financial
"The filing reports a bona fide gift of 8,370 shares of Common Stock."
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.

FAQ

What insider transaction did TRGP director Joe Bob Perkins report?

He reported a bona fide gift of 8,370 shares of Targa Resources Corp. Common Stock on September 3, 2026, made by Perkins Blue House Investments Limited Partnership, an entity associated with him.

How many TRGP shares did Joe Bob Perkins gift on September 3, 2026?

He gifted 8,370 shares of Targa Resources Corp. Common Stock on September 3, 2026. The transfer was reported as a bona fide gift and carried a reported price of $0.00 per share, consistent with a non-cash gift.

What are Joe Bob Perkins’ direct TRGP share holdings after the reported gift?

After the reported gift, Joe Bob Perkins holds 22,369 shares of Targa Resources Corp. Common Stock directly. This figure reflects his direct ownership position as of the September 3, 2026 reporting date.

Was the TRGP insider gift by Joe Bob Perkins made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported in connection with these transactions, meaning the gift was not disclosed as being executed under such a pre-arranged plan.

Which entity executed the 8,370-share TRGP gift associated with Joe Bob Perkins?

The 8,370-share gift was executed by Perkins Blue House Investments Limited Partnership. Joe Bob Perkins is the sole member of JBP GP, L.L.C., which is described as one of the general partners of that partnership.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Perkins Joe Bob

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/03/2026G8,370D$0102,100ISee Footnote(1)
Common Stock22,369D
Common Stock19,600IBy Wife
Common Stock7,622ISee 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
/s/ Joe Bob Perkins09/08/2026
** Signature of Reporting PersonDate
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)

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