Targa Resources Corp. Officer Receives 10,000 Share Equity Grant
Targa Resources Corp.
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Filing Summary
Form 4 Alert: Targa Resources Corp. ($TRGP) Insider: Brent B. Secrest (President - Logistics and Transportation) Transaction: Acquisition (Award/Grant) of 10,000 shares at $0.00 Total Value: $0.00 Shares Owned Following Transaction: 10,000 (Direct) | 2,500 (Indirect) Filing Date: 2026-09-03
Comprehensive Analysis
Executive Summary
On September 3, 2026, Brent B. Secrest, President - Logistics and Transportation at Targa Resources Corp. ($TRGP), filed a Form 4 reporting an equity award acquisition of 10,000 shares of Common Stock on September 1, 2026.
Transaction Details
- Security: Common Stock
- Transaction Code:
A(Grant, award, or other acquisition) - Shares Acquired: 10,000
- Price per Share: $0.00
- Total Transaction Value: $0.00
- Post-Transaction Holdings:
- Direct: 10,000 shares
- Indirect: 2,500 shares (held via Secrest Family Partnership, Ltd.)
Market Significance
This transaction represents a routine stock award/grant rather than an open-market purchase or sale. As such, it carries low market significance regarding insider sentiment, though it increases executive equity alignment.
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Important Disclaimer
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