Form 4: Target Corp Executive Richard H. Gomez Reports Stock Sale and 401(k) Holdings

Executive Officer Richard H. Gomez reported the sale of 6,348 shares of Target Corp stock at $157.17 per share and disclosed holdings in the company's 401(k) plan.

Summary

• Richard H. Gomez, an Executive Officer of Target Corp, filed a Form 4 with the SEC.
• The filing reports a transaction on September 27, 2024, where 6,348 shares of Target Corp common stock were sold at a price of $157.17 per share.
• Following the transaction, Gomez directly owns 123,551 shares of Target Corp common stock.
• The filing also indicates that Gomez indirectly owns 365.7844 shares through the Target Corporation 401(k) Plan, based on the plan statement as of July 7, 2024.
• The reported holdings include dividend equivalents reinvested in additional performance-based restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This allows investors to monitor the actions of those with privileged information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on the overall market reaction to insider transactions.

Key Dates