Form 4: Target Corp Director George S. Barrett Reports Acquisition of Restricted Stock Units

Director George S. Barrett reports acquiring 2,024 restricted stock units in Target Corporation on March 13, 2024.

Summary

• On March 13, 2024, George S. Barrett, a director of Target Corp, reported the acquisition of 2,024 shares of common stock in the form of restricted stock units.
• The acquisition was made under the Target Corporation 2020 Long-Term Incentive Plan.
• The price per share was $0.
• Following the transaction, Barrett directly owns 15,778 shares of Target Corp common stock, which includes dividend equivalents reinvested in additional restricted stock units.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction. The acquisition of shares by a director is generally viewed positively, but it's not a major event.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to gauge sentiment and potential alignment of interests.

Stakeholder Impact

• The acquisition of restricted stock units by a director can positively influence shareholder sentiment.

Key Dates