Form 4: Target Corp Executive Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Target Corp's Chief Accounting Officer, Matthew A. Liegel, reported transactions involving performance share units and stock withholding for tax obligations.
Summary
- Matthew A. Liegel, Chief Accounting Officer of Target Corp (TGT), reported a transaction on April 7, 2026.
- He acquired 1,337 shares of common stock valued at $0, resulting from the settlement of a performance share unit award under the Target Corporation 2020 Long-Term Incentive Plan.
- Additionally, 411 shares were withheld to satisfy tax obligations related to this award, with a value of $120.76 per share.
- Following these transactions, Liegel beneficially owns 13,480 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine executive stock transactions related to compensation and tax obligations, without indicating significant positive or negative company performance.
Positives
- Settlement of performance share units indicates achievement of performance goals tied to the Long-Term Incentive Plan.
- Direct beneficial ownership of 13,480 shares by a key executive.
Negatives
- Withholding of 411 shares to cover tax obligations represents a reduction in the net shares received by the executive.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which details past transactions.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive compensation and stock ownership within the retail sector.
Stakeholder Impact
- Shareholders: Increased transparency into executive compensation and stock holdings.
- Employees: Indirectly reflects the company's incentive plans and executive remuneration structure.
- Tax Authorities: Confirmation of tax obligations being met through stock withholding.
Key Dates
| Date | Description |
|---|---|
| 04/07/2026 | Transaction Date for acquisition and withholding of common stock. |
| 04/09/2026 | Date of signature for the filing. |
Keywords
Form 4, SEC Filing, Target Corp, TGT, Stock Transaction, Executive Compensation, Performance Share Units, Tax Withholding, Beneficial Ownership
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