secwatch.observer — SEC 8-K summary
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Issuer:     Targa Resources Corp. (TRGP)
CIK:        0001389170
Form:       8-K
Filed at:   2023-12-12T23:59:59+00:00
Accession:  0001193125-23-293420
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Targa Resources adopts amended bylaws with proxy access and Rule 14a-19 updates
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- Proxy access allows stockholders owning ≥3% of shares for ≥3 years to nominate up to 20% of directors.
- Revised nomination procedures to comply with SEC Rule 14a-19 (universal proxy) and advance notice requirements.
- Chairman of the meeting granted explicit power to postpone meetings and set procedural rules.
- Updated indemnification and insurance provisions in line with market practice.
- Other administrative, modernizing, and clarifying changes to bylaws.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389170/000119312523293420/0001193125-23-293420-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389170/000119312523293420/d583397d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-293420

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer