Fulton Laura C. 4

What Happened
Laura C. Fulton, a director of Targa Resources Corp. (TRGP), was granted 1,030 shares on January 15, 2026. The transaction is reported on a Form 4 as an award/grant (transaction code A) with an acquisition price of $0.00 (the filing lists $0 as the reported cash cost).

Key Details

• Transaction date: 2026-01-15 (Period of Report).
• Filing date: 2026-01-20 (Form 4 accession 0001193125-26-016644).
• Shares granted: 1,030 common shares; reported acquisition price $0.00 (award/grant).
• Transaction code: A (grant/award/other acquisition).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Timeliness: Filed within the required two business days (Jan 19, 2026 was a federal holiday—MLK Day—so the Jan 20 filing appears timely).
• Footnotes/conditions: none shown in the provided transaction details; instrument type beyond "shares" not specified.

Context
Grants to directors are commonly part of board compensation plans (e.g., restricted shares or deferred stock units). A reported acquisition price of $0 generally indicates an award rather than an open‑market purchase. Such awards are routine and reflect compensation rather than necessarily signaling the director’s view on the stock. If you track insider buying as an indicator, monitor subsequent filings for any sales or additional acquisitions.