Targa Resources Files 2025 Proxy Statement
Ticker: TRGP · Form: DEF 14A · Filed: Mar 28, 2025 · CIK: 1389170
| Field | Detail |
|---|---|
| Company | Targa Resources Corp. (TRGP) |
| Form Type | DEF 14A |
| Filed Date | Mar 28, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, governance
TL;DR
Targa Resources proxy out: exec pay details for 2024, shareholder votes coming up.
AI Summary
Targa Resources Corp. filed its DEF 14A on March 28, 2025, detailing executive compensation and corporate governance matters for the fiscal year ending December 31, 2024. The filing includes information on compensation for key executives such as Matthew J. Meloy and Joe Bob Perkins, and discusses equity awards granted and vested during the year.
Why It Matters
This filing provides shareholders with crucial information regarding executive pay and company performance, enabling informed voting on corporate matters.
Risk Assessment
Risk Level: low — This is a routine proxy filing providing information to shareholders and does not inherently present new risks.
Key Numbers
- 2024 — Fiscal Year End (The period for which compensation and performance data are reported.)
- 20250328 — Filing Date (The date Targa Resources filed this DEF 14A with the SEC.)
- 20250520 — Report Date (The date the report is considered as of.)
Key Players & Entities
- Targa Resources Corp. (company) — Filer of the DEF 14A
- Matthew J. Meloy (person) — Executive mentioned in relation to compensation
- Joe Bob Perkins (person) — Executive mentioned in relation to compensation
- 1000 Louisiana Street, Suite 4300 (location) — Company's business and mailing address
- Houston, TX 77002 (location) — Company's business and mailing address
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, including the election of directors and executive compensation.
Who are the key individuals whose compensation is detailed in this filing?
The filing mentions Matthew J. Meloy and Joe Bob Perkins in the context of executive compensation and equity awards.
What is Targa Resources Corp.'s primary business sector?
Targa Resources Corp. is in the NATURAL GAS TRANSMISSION sector, with SIC code 4922.
When is Targa Resources Corp.'s fiscal year end?
Targa Resources Corp.'s fiscal year ends on December 31st.
What specific financial metrics related to equity awards are highlighted for 2024?
The filing references 'FairValueOfEquityAwardsGrantedAndVestedDuringTheYearMember' and 'ChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatWereUnvestedAsOfTheEndOfTheYearMember' for the 2024 fiscal year.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 28, 2025 by Matthew J. Meloy regarding Targa Resources Corp. (TRGP).