Form 4: Target Executive Matthew Zabel Reports Stock Transaction

Executive Officer Matthew L. Zabel reports a transaction involving Target Corp common stock related to tax obligations on vested restricted stock units.

Summary

• On March 10, 2025, Matthew L. Zabel, an Executive Officer of Target Corp, reported a transaction involving the company's common stock.
• The transaction involved the withholding of 167 shares to satisfy tax obligations related to the vesting of restricted stock units.
• The price per share for the transaction was $113.74.
• Following the transaction, Zabel beneficially owns 15,239 shares of Target Corp common stock, which includes dividend equivalents reinvested in additional restricted stock units and performance-based restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock transaction related to tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units (RSUs) as a form of long-term incentive.
• The vesting of RSUs typically triggers tax obligations, which can be satisfied through the withholding of shares.
• Companies like Walmart (WMT) and Costco (COST) also utilize similar equity-based compensation plans for their executives.

Key Dates