Form 4: Target Corp Executive Matthew Zabel Reports Stock Transactions
SEC Form 4
Executive Officer Matthew Zabel reports acquisition and disposal of Target Corporation stock related to a performance-based restricted stock unit award.
Summary
- Matthew Zabel, an Executive Officer of Target Corp, reported transactions involving the company's common stock on March 12, 2025.
- He acquired 371 shares of common stock at $0.00 per share related to the settlement of a performance-based restricted stock unit award granted under the Target Corporation 2020 Long-Term Incentive Plan.
- Zabel also disposed of 456 shares of common stock at $110.25 per share to satisfy tax withholding obligations on the vesting of the same performance-based restricted stock unit award.
- Following these transactions, Zabel beneficially owns 15,154 shares of Target Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by an executive officer. The acquisition and disposal are linked to a pre-existing compensation plan, suggesting a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 10/24/2023 | Date the performance-based restricted stock unit award was previously reported on Form 3. |
| 03/12/2025 | Date of the stock acquisition and disposal transactions. |
| 03/14/2025 | Date of signature for the Form 4 filing. |
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