Form 4: Target Corp Executive Matthew Liegel Reports Stock Disposals to Cover Tax Obligations
SEC Form 4
Matthew Liegel, Chief Accounting Officer of Target Corp, reported the disposal of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 8, 2024, Matthew Liegel disposed of 161 shares of Target Corp common stock at a price of $170.87 to satisfy tax obligations.
- On March 11, 2024, Liegel disposed of 126 shares, 50 shares, and 79 shares of common stock at a price of $168.63 to satisfy tax obligations.
- Following these transactions, Liegel directly owns 3,463 shares of Target Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock disposals for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common and expected.
Stakeholder Impact
- The stock disposals are unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Disposal of 161 shares of common stock at $170.87. |
| 03/11/2024 | Disposal of 126, 50, and 79 shares of common stock at $168.63. |
| 03/12/2024 | Date of signature by Attorney-In-Fact, Benjamin S. Borden. |
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