UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
(Address of principal executive office and Zip Code)
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading |
Name of each exchange | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
Targa Resources Corp. (the “Company”) held its 2024 Annual Meeting of Stockholders (the “Annual Meeting”) on May 16, 2024. At the Annual Meeting, the Company’s stockholders were requested to: (1) elect three Class II Directors to serve on the Company’s Board of Directors (the “Board”) for a term of office expiring at the Company’s 2027 Annual Meeting of Stockholders; (2) ratify the selection of PricewaterhouseCoopers LLP as the Company’s independent auditors for 2024; and (3) approve, on an advisory basis, the compensation of the Company’s named executive officers for the fiscal year ended December 31, 2023. The following are the final voting results on proposals considered and voted upon at the Annual Meeting, each of which is more fully described in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on March 21, 2024:
1. Each of the three Class II directors that was up for re-election was elected for a term of three years expiring at the Company’s 2027 Annual Meeting of Stockholders. Votes regarding the election of these directors were as follows:
| NOMINEE |
VOTES FOR |
VOTES AGAINST |
VOTES ABSTAINED |
BROKER NON-VOTES | ||||
| Beth A. Bowman |
177,503,989 | 11,326,539 | 82,961 | 15,231,119 | ||||
| Lindsey M. Cooksen |
158,324,750 | 30,499,875 | 88,866 | 15,231,117 | ||||
| Joe Bob Perkins |
163,672,395 | 25,158,537 | 82,558 | 15,231,118 |
2. PricewaterhouseCoopers LLP was ratified as the Company’s independent auditors for 2024. The voting results were as follows:
| VOTES FOR |
VOTES AGAINST |
VOTES ABSTAINED | ||
| 200,562,193 | 3,499,855 | 82,560 |
3. The Board proposal seeking approval, on an advisory basis, of the compensation of the Company’s named executive officers was approved. The voting results were as follows:
| VOTES FOR |
VOTES AGAINST |
VOTES ABSTAINED |
BROKER NON-VOTES | |||
| 180,236,248 | 8,474,850 | 202,388 | 15,231,122 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| TARGA RESOURCES CORP. | ||||||
| Dated: May 17, 2024 | By: | /s/ Jennifer R. Kneale | ||||
| Jennifer R. Kneale | ||||||
| Chief Financial Officer | ||||||
Document and Entity Information |
May 16, 2024 |
|---|---|
| Cover [Abstract] | |
| Amendment Flag | false |
| Entity Central Index Key | 0001389170 |
| Document Type | 8-K |
| Document Period End Date | May 16, 2024 |
| Entity Registrant Name | TARGA RESOURCES CORP. |
| Entity Incorporation State Country Code | DE |
| Entity File Number | 001-34991 |
| Entity Tax Identification Number | 20-3701075 |
| Entity Address, Address Line One | 811 Louisiana St |
| Entity Address, Address Line Two | Suite 2100 |
| Entity Address, City or Town | Houston |
| Entity Address, State or Province | TX |
| Entity Address, Postal Zip Code | 77002 |
| City Area Code | (713) |
| Local Phone Number | 584-1000 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Common stock |
| Trading Symbol | TRGP |
| Security Exchange Name | NYSE |
| Entity Emerging Growth Company | false |
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