Form 4: Target Corp Executive Christina Hennington Reports Stock Transactions

Executive Officer Christina Hennington reports acquisition of Target Corp shares through performance share unit settlement and subsequent disposal to cover tax obligations.

Summary

• Christina Hennington, an Executive Officer at Target Corp, filed a Form 4 detailing changes in beneficial ownership.
• On April 8, 2025, Hennington acquired 4,580 shares of Target common stock at $0 per share, resulting from the settlement of a performance share unit award granted under the Target Corporation 2020 Long-Term Incentive Plan.
• On the same day, Hennington disposed of 1,553 shares at $92.43 per share to satisfy tax withholding obligations related to the performance share unit settlement.
• Following these transactions, Hennington directly owns 52,883 shares of Target common stock.
• Hennington also indirectly owns 458.8311 shares through the Target Corporation 401(k) Plan as of March 31, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reflects routine stock transactions related to compensation and tax obligations.

Positives

• The acquisition of shares through performance share units indicates that performance goals were met, which is a positive signal.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related stock movements.

Key Dates

Keywords

Form 4, Beneficial Ownership, Executive Officer, Christina Hennington, Target Corp, TGT, Stock Transaction, Performance Share Unit, Tax Withholding, 401(k) Plan