Targa Resources Corp. 8-K

What Happened
Targa Resources Corp. (TRGP) filed an 8-K disclosing the voting results from its Annual Meeting of Stockholders held May 21, 2026. Stockholders re-elected four Class I directors to three-year terms expiring at the 2029 Annual Meeting, ratified PricewaterhouseCoopers LLP as the company’s independent auditors for 2026, and approved, on an advisory basis, the executive compensation (say-on-pay) for 2025.

Key Details

• Directors elected (three-year terms expiring 2029):
  • Paul W. Chung — For: 174,201,147; Against: 11,145,675; Abstained: 39,250; Broker non‑votes: 12,060,443
  • Charles R. Crisp — For: 178,594,280; Against: 6,738,370; Abstained: 53,423; Broker non‑votes: 12,060,442
  • Laura C. Fulton — For: 161,582,074; Against: 23,750,294; Abstained: 53,705; Broker non‑votes: 12,060,442
  • R. Keith Teague — For: 179,594,411; Against: 5,738,762; Abstained: 52,904; Broker non‑votes: 12,060,438
• Auditor ratification: PricewaterhouseCoopers LLP approved as independent auditors for 2026 — For: 189,588,676; Against: 7,795,387; Abstained: 62,452.
• Advisory vote on named executive officer compensation (say-on-pay) approved — For: 176,432,347; Against: 8,616,715; Abstained: 337,011; Broker non‑votes: 12,060,442.

Why It Matters
These results confirm management’s governance slate and auditor choice for 2026 and indicate shareholder support for the company’s executive pay practices. Re-election of the four directors preserves board continuity through 2029. Ratification of PwC secures the firm that will audit Targa’s 2026 financial statements, and the advisory approval of compensation signals a majority of shares voted were satisfied with executive pay for 2025.