Form 4: Target Corp Executive Cara Sylvester Sells Shares

Cara Sylvester, an executive officer at Target Corp, sold 4,125 shares of common stock at an average price of $171.8343 on March 8, 2024.

Summary

• On March 8, 2024, Cara Sylvester, an Executive Officer of Target Corp, sold 4,125 shares of Target's common stock.
• The sale was executed at a weighted average price of $171.8343 per share.
• The price range for individual sales varied between $171.810 and $171.895.
• Following the transaction, Sylvester directly owns 12,570 shares of Target common stock, which includes dividend equivalents reinvested in additional restricted stock units and performance-based restricted stock units.
• The sale was reported on a Form 4 filing with the SEC on March 11, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. It is important to consider the overall context of insider transactions when evaluating their significance.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares, but the effect is likely to be minimal given the relatively small number of shares involved.

Key Dates