Matthew Meloy compensation by year
Targa Resources Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $450,000 | $472,500 | $516,667 | $587,500 | $779,967 | $875,000 | $900,000 | $970,475 | $1,017,500 | $1,170,667 |
| Bonus | $258,750 | $418,800 | $1,115,625 | $1,920,000 | $1,750,000 | $3,500,000 | $3,600,000 | $2,327,100 | $3,584,000 | $3,990,000 |
| Stock awards | $909,856 | $4,901,220 | $3,914,716 | $3,921,450 | $9,548,519 | $10,289,456 | $10,675,003 | $10,864,516 | $10,881,532 | $16,275,993 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $22,270 | $22,814 | $23,037 | $23,710 | $24,110 | $27,484 | $27,539 | $29,539 | $32,761 | $34,048 |
| Total | $1,640,876 | $5,815,334 | $5,570,045 | $6,452,660 | $12,102,596 | $14,691,940 | $15,202,542 | $14,191,630 | $15,515,793 | $21,470,708 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Targa Resources Corp. DEF 14A filed March 26, 2026, accession 0001193125-26-126280, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Targa Resources Corp. filed document, accession 0001193125-26-126280. Every figure is read from that document and cited to the page and table it appears in. Filed March 26, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 263,547 | $48,624,422 | — |
| PSU | 190,200 | $35,091,900 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Targa Resources Corp.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Targa Resources’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Matthew Meloy · this page | Chief Executive Officer | $21,470,708 |
| Jennifer Kneale | President | $8,914,447 |
| Patrick McDonie | President – Gathering and Processing | $6,308,766 |
| Robert Muraro | Chief Commercial Officer | $6,308,766 |
| D. Scott Pryor | President – Logistics and Transportation | $6,308,766 |
| William Byers | Chief Financial Officer | $5,368,186 |
Board service
Targa Resources board · FY2023–FY2025How this board is paid
Company policy: Targa Resources pays directors a $125,000 cash retainer and $175,000 in Restricted Stock. As stated in Targa Resources's FY2025 proxy.
The full Targa Resources compensation record
free company briefThis page is one person within Targa Resources's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the Targa Resources proxy · each links to its own free briefCompensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Targa Resources's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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