Form 4: Target Corp Executive Matthew L. Zabel Reports Stock Transactions
SEC Form 4 Filing
Executive Officer Matthew L. Zabel reports acquisition of 1,701 shares and disposal of 776 shares of Target Corp stock on April 9, 2024.
Summary
- On April 9, 2024, Matthew L. Zabel, an Executive Officer of Target Corp, acquired 1,701 shares of common stock through the settlement of a performance share unit award.
- The acquisition price was $0 per share.
- On the same day, Zabel disposed of 776 shares of common stock at a price of $170.50 to satisfy tax withholding obligations related to the performance share unit award.
- Following these transactions, Zabel directly owns 15,337 shares of Target Corp common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors regarding insider activity. It is a standard practice for publicly traded companies and their executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 04/09/2024 | Date of stock acquisition and disposal transactions. |
| 04/11/2024 | Date of signature by Attorney-In-Fact. |
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