Form 4: Target Corp Executive Matthew Liegel Reports Stock Transactions

Matthew Liegel, Chief Accounting Officer of Target Corp, reports acquisition and disposal of company stock related to a performance share unit award.

Summary

• On April 9, 2024, Matthew Liegel, Chief Accounting Officer of Target Corp, reported transactions involving Target Corp common stock.
• Liegel acquired 502 shares of common stock at $0 per share due to the settlement of a performance share unit award granted under the Target Corporation 2020 Long-Term Incentive Plan.
• Concurrently, Liegel disposed of 154 shares at $170.5 per share to satisfy tax withholding obligations related to the settlement of the performance share unit award.
• Following these transactions, Liegel beneficially owns 8,221 shares of Target Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation. There is no indication of unusual or concerning activity.

Positives

• The acquisition of shares through the performance share unit award suggests confidence in the company's long-term performance.

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 is typical for publicly traded companies.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates