Brent B. Secrest, President of Logistics and Transportation at Targa Resources Corp. (NYSE:TRGP), filed a Form 4 on September 3, 2026, disclosing the acquisition of 10,000 shares of common stock on September 1, 2026, at a price of $0.

Key Highlights

  • Reporting person: Brent B. Secrest, President - Logistics and Transportation at Targa Resources Corp.
  • Transaction date: September 1, 2026; 10,000 shares of common stock acquired (code A) at a price of $0.
  • Direct holdings after transaction: 10,000 shares of common stock held directly.
  • Indirect holdings: 2,500 shares of common stock held indirectly through Secrest Family Partnership, Ltd.
  • Nature of indirect ownership: Shares are held by Secrest Family Partnership, Ltd., a limited partnership whose general partner is Secrest Management, LLC, of which Mr. Secrest is a manager.

Secrest Family Partnership Holds Additional 2,500 Shares Alongside Direct Position

According to the filing, Brent B. Secrest reported a single non-derivative transaction dated September 1, 2026, in which he acquired 10,000 shares of Targa Resources Corp. common stock with a transaction code of "A" at a stated price of $0. Following the reported transaction, the filing shows Secrest directly owns 10,000 shares.

In addition to his direct holdings, the filing discloses that Secrest indirectly beneficially owns 2,500 shares of common stock. According to the filing's footnote, those shares are held by Secrest Family Partnership, Ltd., a limited partnership. The general partner of Secrest Family Partnership, Ltd. is Secrest Management, LLC, of which Mr. Secrest is identified as a manager. No transaction in those indirectly held shares was reported in this filing.

The Form 4 was filed on September 3, 2026, and signed by Brent B. Secrest. The filing lists no derivative securities transactions in Table II. Secrest's listed address is 811 Louisiana, Suite 2100, Houston, Texas 77002, and his role is identified in the filing's remarks section as "President - Logistics and Transportation."

What Was Disclosed

The filing discloses the acquisition of 10,000 shares of Targa Resources Corp. common stock by an officer on September 1, 2026, at $0, resulting in direct ownership of 10,000 shares and indirect ownership of 2,500 shares through a family limited partnership.