Form 4: Target Corp Executive Cara Sylvester Reports Stock Transactions
SEC Form 4 Filing
Executive Officer Cara Sylvester reports acquisition of 3,394 shares and disposal of 1,100 shares of Target Corp stock on April 9, 2024.
Summary
- Cara Sylvester, an Executive Officer of Target Corp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On April 9, 2024, Sylvester acquired 3,394 shares of common stock at $0, pursuant to the settlement of a performance share unit award.
- On the same day, Sylvester disposed of 1,100 shares at $170.50 to satisfy tax withholding obligations related to the performance share unit settlement.
- Following these transactions, Sylvester directly owns 17,974 shares of Target Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive stock transactions, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock awards and tax obligations.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 04/09/2024 | Date of stock acquisition and disposal. |
| 04/11/2024 | Date of signature on the Form 4 filing. |
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