Targa (TRGP) Director Joe Bob Perkins Gifts 8,370 Shares

What Happened

• Joe Bob Perkins, a director of Targa Resources Corp. (TRGP), reported a gift (disposition) of 8,370 shares on 2026-09-03. The reported per-share price is $0.00 and the transaction value is $0.
• This was a gift (code G) — a non‑sale transfer of shares — which does not reflect a market sale or a purchase (gifts generally do not signal an investment view).

Key Details

• Transaction date: 2026-09-03; Report filed (Form 4) on 2026-09-08.
• Shares transferred: 8,370; Price per share: $0.00; Total value: $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: The shares are owned by Perkins Blue House Investments LP (PBHILP) and PBHtwo LP; Mr. Perkins is the sole member of JBP GP, L.L.C., a general partner of each partnership (see F1, F2).
• Timeliness: The Form 4 was filed five days after the reported transaction date, which appears to be late (TransactionTimeliness = 'L').

Context

• Gifts are transfers for tax/estate or personal reasons and do not necessarily indicate the insider’s view on the company’s prospects. Because the shares are held through limited partnerships (per footnotes), the transfer may reflect a change in partnership holdings or a personal estate/charitable action rather than a direct open‑market trade.