Form 4: Target Corp Executive Brian Cornell Reports Stock Transactions

Target Corp Executive Brian Cornell reported transactions involving common stock, including acquisition of performance share units and disposition of shares for tax withholding.

Summary

• Brian C. Cornell, a Director and Executive Officer of Target Corp (TGT), reported transactions on April 7, 2026.
• He acquired 50,777 shares of common stock valued at $0, acquired through the settlement of a performance share unit award under the Target Corporation 2020 Long-Term Incentive Plan.
• Additionally, 21,697 shares were disposed of for $120.76 per share to satisfy tax withholding obligations related to the performance share unit settlement.
• Following these transactions, Cornell beneficially owns 202,020 shares directly.
• Indirectly, he holds 495,9387 shares through the Target Corporation 401(k) Plan and an additional 196,453 shares held by a Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine executive stock transactions related to compensation and tax obligations, with no significant strategic or financial performance indicators.

Positives

• Acquisition of 50,777 shares through a performance share unit award indicates achievement of performance targets, aligning executive compensation with company performance.
• The executive's continued indirect ownership of a significant number of shares (495,9387 in 401(k) and 196,453 in Trust) suggests long-term commitment to the company.

Negatives

• Disposition of 21,697 shares to cover tax withholding obligations, while standard, represents a reduction in directly held shares.

Future Outlook

No specific forward-looking statements or guidance were provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for executive stock transactions, providing transparency into insider holdings and activity. This filing details routine compensation-related stock movements for a key executive at Target Corp.

Stakeholder Impact

• Shareholders: Gain insight into executive stock ownership and potential alignment of interests. The acquisition of performance shares may signal positive performance, while tax withholding represents a minor reduction in directly held shares.
• Employees: Indirectly impacted by executive compensation structures that are tied to company performance.
• Creditors: No direct impact from this filing.

Key Dates

Keywords

Form 4, SEC Filing, Target Corp, TGT, Brian C. Cornell, Stock Transaction, Beneficial Ownership, Performance Share Unit, Tax Withholding, Executive Compensation, Insider Trading