Form 4: Target Corp Executive Brian Cornell Sells $45,000 in Common Stock

Executive Officer Brian Cornell sold 45,000 shares of Target Corp common stock at an average price of $167.5232 on March 11, 2024.

Summary

• On March 11, 2024, Brian C Cornell, an Executive Officer at Target Corp, sold 45,000 shares of common stock.
• The sale was executed at a price of $167.5232 per share.
• Following the transaction, Cornell directly owns 71,094 shares and indirectly owns 346,919 shares through a trust and 455.9286 shares through a 401(k) plan.
• The price represents the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range, with actual prices ranging from $167.30 to $167.96.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the corporate world. It provides transparency into the trading activities of insiders.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a negative outlook for the company.

Key Dates