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Targa Resources Corp.

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 19, 2026

TRGP$264.59-2.7%Stored close · as of Nov 6, 2026
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Contents

Item 9B. Other Information

Rule 10b5-1 Trading Plans

During the three months ended December 31, 2025, no director or officer of the Company adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

Departure of Director

On February 16, 2026, Rene R. Joyce notified us of his resignation as a director of the Company and from the Risk Management and Sustainability Committees of the Company, effective as of the date of the 2026 Annual Meeting of Stockholders. Mr. Joyce’s decision to resign is not the result of any disagreement with us. We expect that our Board of Directors will reduce the size of the Board of Directors from 11 to 10, effective upon Mr. Joyce’s retirement.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.