Filings Radar

SEC 8-K and 6-K filings classified by Claude with reasoning, plus Form 4 insider transactions. Ingested from EDGAR’s filing stream in near-real time, reconciled overnight.

Targa Resources Corp. (TRGP)

CIK 0001389170 5 material events

Insider activity (SEC Form 4)

Open-market buys and sells only — the deliberate trades. Zero here doesn’t mean no filings: grants, option exercises and tax withholding (below) are compensation, not market trades.

Open-market · last 30 days: 0 buyers bought $0 3 sellers sold $2.1M
Open-market · last 90 days: 0 buyers bought $0 3 sellers sold $2.1M
InsiderRoleDateTransactionSharesValue
Perkins Joe Bob Director 2026-09-03 Gift 8370 $0
Chung Paul W Director 2026-09-01 Open-market sell 1000 $295K
Chung Paul W Director 2026-09-01 Open-market sell 816 $242K
Secrest Brent B. See Remarks 2026-09-01 Grant/award 10000 $0
CRISP CHARLES R Director 2026-08-25 Gift 1200 $0
CRISP CHARLES R Director 2026-08-25 Open-market sell 3000 $871K
Davis Waters S IV Director 2026-08-21 Open-market sell 440 $130K
Davis Waters S IV Director 2026-08-21 Open-market sell 692 $206K
Davis Waters S IV Director 2026-08-21 Open-market sell 254 $76K
Davis Waters S IV Director 2026-08-21 Open-market sell 154 $46K
Davis Waters S IV Director 2026-08-21 Open-market sell 270 $82K
Davis Waters S IV Director 2026-08-21 Open-market sell 590 $179K
Chung Paul W Director 2026-08-20 Gift 1000 $0
Muraro Robert Chief Commercial Officer 2026-08-18 Grant/award 20000 $0
Branstetter Benjamin James See Remarks 2026-08-01 Tax withholding 1346 $364K
Eklof John Christopher Senior VP and CAO 2026-08-01 Tax withholding 578 $156K
Shrader Gerald R See Remarks 2026-08-01 Tax withholding 1718 $464K
Mathiasmeier Thomas Joseph Director 2026-07-21 Grant/award 477 $0
MELOY MATTHEW J Chief Executive Officer, Director 2026-05-14 Gift 15000 $0
CRISP CHARLES R Director 2026-05-12 Open-market sell 10602 $2.7M
Most recent 20 reported transactions. Open-market buys (P) and sells (S) are the deliberate ones; grants and option exercises are compensation. Not investment advice.

Risk Radar (year-over-year Risk Factors)

← All Risk Radar

Fiscal period ending 2025-12-31 versus 2024-12-31view filing on EDGAR →

The company's Corporate Alternative Minimum Tax exposure has materially receded, with management no longer anticipating CAMT liability in the near term after previously flagging it as likely as early as 2026. This is a single, localized improvement in the tax-compliance risk profile with no offsetting deterioration elsewhere.

0 company-specific · 1 eased/removed

Eased / removed

Revised

CAMT risk materially eased: prior year stated company "likely to become" applicable corporation "as early as 2026"; this year states "do not anticipate paying CAMT in near term," reflecting changed tax outlook.

Title to Properties and Rights of Way Our real property falls into two categories: (i) parcels that we own in fee and (ii) parcels in which our interest derives from leases, easements, rights of way…

Material year-over-year changes to this company's Risk Factors (Item 1A), found by comparing each annual report to the prior year, judged for materiality, and classified as company-specific or common-mode against the cross-company catalog. Common-mode changes are the macro themes many companies disclose in common; they are collapsed above. A filing marked unchanged had no material change from the prior year; its summary describes the company's standing risks, which remain in force. Fiscal periods are the reporting period ends. Not investment advice.

Exec appointment

8-K filed 2026-08-25 confidence 92% Item 5.02

The filing discloses the appointment of Benjamin J. Branstetter as Chief Financial Officer effective September 1, 2026, succeeding William A. Byers. While the section also includes Brent B. Secrest's appointment as President – Logistics and Transportation and William A. Byers' retirement, the most material and salient event is Branstetter's appointment to the CFO role, a C-suite position critical to financial oversight. The appointment includes compensatory modifications (increased base salary to $600,000 and long-term incentive award of 400% of base salary), underscoring its significance.

View raw filing on EDGAR →

Earnings release

8-K filed 2026-08-06 confidence 98% Item 2.02

Targa Resources Corp. disclosed its financial results for the three and six months ended June 30, 2026, reporting net income of $765 million (up 22% year-over-year) and record adjusted EBITDA of $1,603 million (up 38%), along with updated full-year 2026 guidance and detailed segment performance analysis.

View raw filing on EDGAR →

Exec appointment

8-K filed 2026-07-17 confidence 95% Item 5.02

The filing discloses the appointment of Thomas Mathiasmeier to the Board of Directors as a Class II Director on July 16, 2026, and his concurrent appointment to the Audit Committee. While the disclosure also mentions compensatory arrangements (a pro-rated restricted stock award of 477 shares), the principal disclosed action is the appointment itself. Mathiasmeier's substantial experience as President of Global Gas, Power & Emerging Markets at ConocoPhillips and his industry expertise make this a material governance event affecting the composition and expertise of the Board.

View raw filing on EDGAR →

Debt Issuance

8-K filed 2026-07-06 confidence 75% Item 1.01

Targa Resources entered into a Seventeenth Amendment to its Receivables Purchase Agreement on July 1, 2026, extending the Facility Termination Date to July 30, 2027 and establishing a new uncommitted $200 million line. With approximately $451 million in outstanding trade receivable purchases, this amendment materially modifies the company's financing structure and credit facility. While this is technically an amendment to an existing securitization facility rather than a new debt issuance, it creates new financial obligations and extends the company's access to capital, which falls within the debt_issuance category as it represents a material creation or amendment of a direct financial obligation.

View raw filing on EDGAR →

Shareholder vote

8-K filed 2026-05-22 confidence 98% Item 5.07

This is a classic Item 5.07 disclosure reporting the final voting results from Targa Resources' 2026 Annual Meeting of Stockholders held on May 21, 2026. The filing presents detailed vote tallies for three proposals: election of four Class I directors, ratification of PricewaterhouseCoopers LLP as independent auditors, and advisory approval of named executive officer compensation. All three proposals passed with substantial majorities, making this a material shareholder vote results disclosure.

View raw filing on EDGAR →