Form 4: Target Corp Executive Officer Sells 4,000 Shares
SEC Form 4 Filing
Matthew L. Zabel, an Executive Officer of Target Corp, sold 4,000 shares of common stock at $175 per share on March 7, 2024.
Summary
- On March 7, 2024, Matthew L. Zabel, an Executive Officer of Target Corp, sold 4,000 shares of Target's common stock.
- The sale price was $175 per share.
- Following the transaction, Zabel directly owns 12,376 shares of Target common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive officer, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by an executive officer could be perceived negatively by some shareholders, but it is a common occurrence and does not necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: Matthew L. Zabel sold 4,000 shares of Target Corp common stock. |
| 03/11/2024 | Date of signature: Benjamin S. Borden, Attorney-In-Fact, signed the Form 4 on behalf of Matthew L. Zabel. |
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