Targa Resources Corp.·4

May 13, 4:30 PM ET

Chung Paul W 4

Research Summary

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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.