A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 7 filings in this group are Form 4s for Targa Resources Corp.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 7 insider filings shown, the breakdown is 3 open-market sale, 2 compensation award and 2 gift. 3 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Gift
Tax / Compensation Filing
2026-09-08
TRGP insider Form 4 filed for equity award, exercise, or tax withholding
Perkins Joe Bob (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were transferred as a gift, typically for estate or charitable planning. No sale into the market took place.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
G |
Gift
|
8,370 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Perkins Joe Bob (Director)
Shares: 8,370
Form 4
Compensation award
Tax / Compensation Filing
2026-09-03
TRGP insider Form 4 filed for equity award, exercise, or tax withholding
Secrest Brent B. (See Remarks) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
10,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Secrest Brent B. (See Remarks)
Shares: 10,000
Form 4
Open-market sale
Insider Selling
2026-09-03
TRGP insider Chung Paul W (Director) sold 1,816 shares (~$537.7K)
Chung Paul W, listed as Director at Targa Resources Corp., reported an open-market sale of 1,816 TRGP shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,000 |
$295.38 |
$295.4K |
S |
Open-market sale
|
816 |
$297.00 |
$242.4K |
Filing: Form 4 (Insider Transaction)
Insider: Chung Paul W (Director)
Shares: 1,816
Est. Value: $537.7K
Form 4
Open-market sale
Insider Selling
2026-08-26
TRGP insider CRISP CHARLES R (Director) sold 3,000 shares (~$870.7K)
CRISP CHARLES R, listed as Director at Targa Resources Corp., reported an open-market sale of 3,000 TRGP shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
G |
Gift
|
1,200 |
— |
— |
S |
Open-market sale
|
3,000 |
$290.23 |
$870.7K |
Filing: Form 4 (Insider Transaction)
Insider: CRISP CHARLES R (Director)
Shares: 3,000
Est. Value: $870.7K
Form 4
Open-market sale
Insider Selling
2026-08-25
TRGP insider Davis Waters S IV (Director) sold 2,400 shares (~$719.2K)
Davis Waters S IV, listed as Director at Targa Resources Corp., reported an open-market sale of 2,400 TRGP shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
440 |
$296.39 |
$130.4K |
S |
Open-market sale
|
692 |
$297.38 |
$205.8K |
S |
Open-market sale
|
254 |
$298.68 |
$75.9K |
S |
Open-market sale
|
154 |
$300.18 |
$46.2K |
S |
Open-market sale
|
270 |
$302.47 |
$81.7K |
S |
Open-market sale
|
590 |
$303.81 |
$179.3K |
Filing: Form 4 (Insider Transaction)
Insider: Davis Waters S IV (Director)
Shares: 2,400
Est. Value: $719.2K
Form 4
Gift
Tax / Compensation Filing
2026-08-24
TRGP insider Form 4 filed for equity award, exercise, or tax withholding
Chung Paul W (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were transferred as a gift, typically for estate or charitable planning. No sale into the market took place.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
G |
Gift
|
1,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Chung Paul W (Director)
Shares: 1,000
Form 4
Compensation award
Tax / Compensation Filing
2026-08-20
TRGP insider Form 4 filed for equity award, exercise, or tax withholding
Muraro Robert (Chief Commercial Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
20,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Muraro Robert (Chief Commercial Officer)
Shares: 20,000