Form 4: Target Corp Executive Matthew Liegel Reports Stock Transactions
SEC Form 4 Filing
Chief Accounting Officer Matthew Liegel reports acquisition and disposal of Target Corp stock related to a performance share unit settlement.
Summary
- On April 8, 2025, Matthew Liegel, Chief Accounting Officer of Target Corp, reported acquiring 692 shares of common stock through the settlement of a performance share unit award.
- Simultaneously, Liegel disposed of 212 shares to satisfy tax withholding obligations at a price of $92.43 per share.
- Following these transactions, Liegel directly owns 12,974 shares of Target Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation. The acquisition of shares through performance units is mildly positive, while the disposal for tax purposes is a standard procedure.
Positives
- The acquisition of shares through performance share units indicates achievement of certain performance goals, which can be seen as a positive sign.
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 minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/08/2025 | Date of stock acquisition and disposal. |
| 04/10/2025 | Date of signature by Attorney-In-Fact. |
Keywords
Target Corp, Matthew Liegel, Form 4, Stock Transaction, Performance Share Unit, Tax Withholding, Beneficial Ownership, TGT
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