Form 4: Target Corp Executive Christina Hennington Reports Stock Transactions
SEC Filing
Executive Officer Christina Hennington reports acquisition and disposal of Target Corp stock related to a performance share unit settlement and tax obligations.
Summary
- Christina Hennington, an Executive Officer at Target Corp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On April 9, 2024, Hennington acquired 5,303 shares of common stock at $0, related to the settlement of a performance share unit award.
- On the same day, 1,985 shares were disposed of at $170.50 to satisfy tax withholding obligations.
- Following these transactions, Hennington directly owns 41,805 shares of Target Corp common stock.
- Hennington also indirectly owns 444.0083 shares through the Target Corporation 401(k) Plan as of March 31, 2024.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and tax obligations, with no indication of unusual or concerning activity.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to executive compensation and tax obligations, which are common occurrences.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of Target Corporation 401(k) Plan statement. |
| 04/09/2024 | Date of stock acquisition and disposal. |
| 04/11/2024 | Date of signature on the Form 4 filing. |
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