TRGP · Targa Resources Corp. · Executive Compensation

$291.59 +0.21 (+0.07%)

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$62.48B

214.43M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Meloy	Chief Executive Officer	$1,170,667	$3,990,000	$16,275,993	—	—	$34,048	$21,470,708
Jennifer Kneale	—	$759,167	$1,841,000	$6,282,374	—	—	$31,906	$8,914,447
Jennifer R. Kneale	President	$759,167	$1,841,000	$6,282,374	—	—	$31,906	$8,914,447
Patrick McDonie	President – Gathering and Processing	$670,833	$1,283,000	$4,323,531	—	—	$31,402	$6,308,766
Robert Muraro	—	$670,833	$1,283,000	$4,323,531	—	—	$31,402	$6,308,766
Scott Pryor	President – Logistics and Transportation	$670,833	$1,283,000	$4,323,531	—	—	$31,402	$6,308,766
William Byers	CFO	$616,667	$1,188,000	$3,532,369	—	—	$31,150	$5,368,186
William A. Byers	Chief Financial Officer	$616,667	$1,188,000	$3,532,369	—	—	$31,150	$5,368,186

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Meloy	Chief Executive Officer	$1,017,500	$3,584,000	$10,881,532	—	—	$32,761	$15,515,793
Jennifer Kneale	—	$665,000	$1,700,000	$3,945,028	—	—	$31,027	$6,341,055
Jennifer R. Kneale	President – Finance and Administration	$665,000	$1,700,000	$3,945,028	—	—	$31,027	$6,341,055
Chief Commercial	Officer	$644,167	$1,300,000	$2,805,944	—	—	$30,876	$4,780,987
Scott Pryor	President – Logistics and Transportation	$644,167	$1,300,000	$2,805,944	—	—	$30,876	$4,780,987
Patrick McDonie	President – Gathering and Processing	$644,167	$1,300,000	$2,805,944	—	—	$30,876	$4,780,987
Robert Muraro	Chief Commercial Officer	$644,167	$1,300,000	$2,805,944	—	—	$30,876	$4,780,987

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Meloy	Chief Executive Officer	$970,475	$2,327,100	$10,864,516	—	—	$29,539	$14,191,630
Jennifer Kneale	—	$629,167	$1,071,600	$3,939,761	—	—	$29,539	$5,670,067
Jennifer R. Kneale	President – Finance and Administration	$629,167	$1,071,600	$3,939,761	—	—	$29,539	$5,670,067
Chief Commercial	Officer	$602,500	$830,300	$2,755,784	—	—	$29,539	$4,218,123
Robert Muraro	Chief Commercial Officer	$602,500	$830,300	$2,755,784	—	—	$29,539	$4,218,123
Patrick McDonie	President – Gathering and Processing	$602,500	$830,300	$2,755,784	—	—	$29,539	$4,218,123
Scott Pryor	President – Logistics and Transportation	$602,500	$830,300	$2,755,784	—	—	$29,539	$4,218,123

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Meloy	Chief Executive Officer	$900,000	$3,600,000	$10,675,003	—	—	$27,539	$15,202,542
Jennifer R. Kneale	President – Finance and Administration	$600,000	$1,500,000	$4,003,208	—	—	$27,539	$6,130,747
Jennifer Kneale	—	$600,000	$1,500,000	$4,003,208	—	—	$27,539	$6,130,747
Patrick McDonie	President – Gathering and Processing	$540,000	$1,080,000	$2,601,978	—	—	$27,225	$4,249,203
Robert Muraro	Chief Commercial Officer	$540,000	$1,080,000	$2,601,978	—	—	$27,225	$4,249,203
Scott Pryor	President – Logistics and Transportation	$540,000	$1,080,000	$2,601,978	—	—	$27,225	$4,249,203

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Meloy	Chief Executive Officer	$875,000	$3,500,000	$10,289,456	—	—	$27,484	$14,691,940
Jennifer Kneale	CFO	$575,000	$1,150,000	$3,380,808	—	—	$26,015	$5,131,823
Jennifer R. Kneale	Chief Financial Officer	$575,000	$1,150,000	$3,380,808	—	—	$26,015	$5,131,823
Robert Muraro	Chief Commercial Officer	$525,000	$1,050,000	$2,508,037	—	—	$25,770	$4,108,807
Patrick McDonie	President – Gathering and Processing	$525,000	$1,050,000	$2,508,037	—	—	$25,770	$4,108,807
Scott Pryor	President – Logistics and Transportation	$525,000	$1,050,000	$2,508,037	—	—	$25,770	$4,108,807

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Meloy	Chief Executive Officer	$779,967	$1,750,000	$9,548,519	—	—	$24,110	$12,102,596
Joe Bob Perkins	Executive Chairman	$746,875	$937,500	$9,504,775	—	—	$24,110	$11,213,260
Jennifer Kneale	CFO	$524,271	$575,000	$3,137,404	—	—	$24,056	$4,260,731
Jennifer R. Kneale	Chief Financial Officer	$524,271	$575,000	$3,137,404	—	—	$24,056	$4,260,731
Scott Pryor	President – Logistics and Transportation	$501,146	$525,000	$2,327,447	—	—	$23,947	$3,377,540
Patrick McDonie	President – Gathering and Processing	$501,146	$525,000	$2,327,447	—	—	$23,947	$3,377,540
Robert Muraro	Chief Commercial Officer	$501,146	$525,000	$2,327,447	—	—	$23,947	$3,377,540

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joe Bob Perkins	Executive Chairman	$891,667	—	$11,545,172	—	—	$23,710	$12,460,549
Matthew Meloy	Chief Executive Officer	$587,500	$1,920,000	$3,921,450	—	—	$23,710	$6,452,660
Patrick McDonie	President – Gathering and Processing	$495,833	$800,000	$2,124,127	—	—	$23,492	$3,443,452
Scott Pryor	President – Logistics and Transportation	$495,833	$800,000	$2,124,127	—	—	$23,492	$3,443,452
Robert Muraro	Chief Commercial Officer	$491,667	$800,000	$2,124,127	—	—	$23,492	$3,439,286
Jennifer Kneale	CFO	$391,667	$640,000	$2,091,404	—	—	$23,274	$3,146,345
Jennifer R. Kneale	Chief Financial Officer	$391,667	$640,000	$2,091,404	—	—	$23,274	$3,146,345

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joe Bob Perkins	Executive Chairman	$833,333	—	$12,624,959	—	—	$23,310	$13,481,602
Matthew Meloy	Chief Executive Officer	$516,667	$1,115,625	$3,914,716	—	—	$23,037	$5,570,045
Patrick McDonie	President – Gathering and Processing	$466,667	$807,500	$1,803,674	—	—	$22,928	$3,100,769
Scott Pryor	President – Logistics and Transportation	$466,667	$807,500	$1,803,674	—	—	$22,928	$3,100,769
Robert Muraro	Chief Commercial Officer	$433,333	$765,000	$1,666,299	—	—	$22,764	$2,887,396
Jennifer Kneale	CFO	$332,500	$446,250	$1,166,427	—	—	$22,535	$1,967,712
Jennifer R. Kneale	Chief Financial Officer	$332,500	$446,250	$1,166,427	—	—	$22,535	$1,967,712

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Robert Muraro	Chief Commercial Officer	$331,667	$168,000	$6,037,998	—	—	$22,234	$6,559,899
Matthew Meloy	President	$472,500	$418,800	$4,901,220	—	—	$22,814	$5,815,334
Joe Bob Perkins	Chief Executive Officer	$745,833	—	$4,552,878	—	—	$23,184	$5,321,895
Patrick McDonie	President – Gathering and Processing	$422,633	$221,000	$3,977,300	—	—	$22,685	$4,643,618
Scott Pryor	President - Logistics and Transportation	$419,167	$221,000	$3,969,916	—	—	$22,630	$4,632,713

Executive changes

Person	Role	Change	Effective	Filed
William A. Byers	Chief Financial Officer	Retired	2026-09-01	2026-08-25
Benjamin J. Branstetter	Chief Financial Officer and principal financial officer	Appointed	2026-09-01	2026-08-25
Brent B. Secrest	President – Logistics and Transportation	Appointed	2026-09-01	2026-08-25
Thomas Mathiasmeier	Class II Director	Appointed	2026-07-16	2026-07-17
Benjamin J. Branstetter	President – Logistics and Transportation	Appointed	2026-03-01	2025-08-06
D. Scott Pryor	President – Logistics and Transportation	Retired	2026-03-01	2025-08-06
Jennifer R. Kneale	President	Appointed	2025-03-01	2025-02-20

Key facts CIK 1389170 CUSIP 87612G101 13F (30d) 473 filings 461 filers Visit website Investor relations