Form 4: Target Corp Director Brian C. Cornell Reports Sale of 45,000 Shares

Brian C. Cornell, a Director and Executive Officer at Target Corp, reported the sale of 45,000 shares of common stock at an average price of $113.3664 on March 11, 2025.

Summary

• On March 11, 2025, Brian C. Cornell, a Director and Executive Officer of Target Corp (TGT), reported a transaction involving the sale of 45,000 shares of common stock.
• The shares were sold at an average price of $113.3664, with individual prices ranging from $113.3301 to $113.4100.
• Following the transaction, Cornell directly owns 77,343 shares and indirectly owns 258,843 shares through a trust and 469.5677 shares through a 401(k) plan.
• The report also includes dividend equivalents reinvested in performance-based restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock sales by an executive. There's no indication of positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives and directors of publicly traded companies. The sale itself doesn't necessarily indicate a negative outlook for the company, as executives may sell shares for various personal financial reasons.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although it is a common practice and doesn't necessarily reflect the company's performance.

Key Dates