Chung Paul W 4
4 · Targa Resources Corp. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Targa Resources (TRGP) Director Paul W. Chung Gifts 6,000 Shares
What Happened
Paul W. Chung, a director of Targa Resources Corp. (TRGP), reported a gift of 6,000 common shares on 2026-05-12. The transaction is coded as a gift (G) with a reported price of $0.00 and total reported proceeds of $0. The Form 4 covering this transaction was filed on 2026-05-13.
Key Details
- Transaction date: 2026-05-12; Form 4 filed: 2026-05-13 (period of report 2026-05-12).
- Transaction type: Gift (code G); shares disposed: 6,000; price per share reported: $0.00; total reported proceeds: $0.
- Shares owned after the transaction: Not specified in the provided filing details.
- Footnotes: F1 — these shares are held by the Paul Chung 2008 Family Trust, of which Mr. Chung is trustee. F2 — some shares are held by the Helen Chung 2007 Family Trust, of which Mr. Chung's spouse and his sister‑in‑law are co‑trustees.
- Filing timeliness: No late-filing flag was provided in the supplied data.
Context
Gifts are a non‑market transfer and generally do not signal a buying or selling decision about the company's prospects. The filing indicates family trusts are involved and that Mr. Chung serves as a trustee/co‑trustee for those trusts, which helps explain the reported disposition but does not by itself imply trading intent.
Insider Transaction Report
- Gift
Common Stock
2026-05-12−6,000→ 31,479 total
- 232,827(indirect: See Footnote)
Common Stock
[F1] - 200,500(indirect: See Footnote)
Common Stock
[F2] - 45,816(indirect: By IRA)
Common Stock
Footnotes (2)
- [F1]These shares are held by the Paul Chung 2008 Family Trust, of which Mr. Chung serves as trustee.
- [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.