Form 4: Target Corp Director Donald R. Knauss Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Donald R. Knauss reports acquisition of 1,841 restricted stock units in Target Corporation, along with dividend equivalents and shares acquired through a dividend reinvestment plan.
Summary
- On March 12, 2025, Donald R. Knauss, a director of Target Corp, acquired 1,841 shares of common stock through the award of restricted stock units.
- These units were granted under the Target Corporation 2020 Long-Term Incentive Plan.
- Knauss also indirectly owns 12,457.516 shares through a trust.
- The reported transactions also include dividend equivalents reinvested in additional restricted stock units and shares acquired through a dividend reinvestment plan.
- Following these transactions, Knauss directly owns 22,269 shares of Target Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions by a company director. The acquisition of shares can be seen as a positive sign, but it's part of a compensation plan.
Positives
- The acquisition of restricted stock units indicates confidence in Target Corp's future performance from a company director.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, in their own company's stock. This allows the public to monitor insider sentiment and potential alignment with shareholder interests.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it reflects a director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| January 26, 2025 | Date of execution of Power of Attorney by Donald R. Knauss. |
| March 12, 2025 | Date of transaction: acquisition of restricted stock units. |
| March 14, 2025 | Date of signature of the report by Attorney-In-Fact. |
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