Targa Resources (TRGP) Director Paul W. Chung Gifts 1,000 Shares

What Happened
Paul W. Chung, a director of Targa Resources Corp. (TRGP), made a gift disposition of 1,000 shares on August 20, 2026. The Form 4 reports the transaction as a gift (code G) at $0.00 per share, for a reported transaction value of $0.

Key Details

• Transaction date: 2026-08-20; Form 4 filed: 2026-08-24.
• Transaction type: Gift (Disposal) — 1,000 shares disposed, price reported $0.00, total value $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of record:
  • F1: These shares are held by the Paul Chung 2008 Family Trust, of which Mr. Chung is trustee.
  • F2: These shares are held by the Helen Chung 2007 Family Trust, of which Mr. Chung's spouse and his sister‑in‑law serve as co‑trustees.
• No late‑filing indicator was provided in the data you supplied.

Context
Gifts are treated as dispositions for reporting purposes but do not imply the giver’s view on the company’s prospects. The filing indicates the shares are held in family trusts involving Mr. Chung and relatives, which often reflect estate‑planning or family transfer activity rather than open‑market trading.