Brian Cornell (NYSE: TGT) eyes Target stock sale from vested awards
Rhea-AI Filing Summary
TARGET CORP (TGT) received a Rule 144 notice from Brian Cornell regarding a proposed sale of common stock. The notice covers up to 50,000 shares of Target common stock to be sold through Pershing Advisor Solutions, with an indicated approximate value of $8,500,000.00.
The shares to be sold were acquired as restricted stock vesting on 08/20/2020 as compensation from the issuer. The notice also reports that during the past three months, a sale of 50,000 shares of Target common stock occurred on 05/27/2026 for $6,492,622.60.
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Key Figures
Shares proposed to be sold: 50,000 shares of common stock
Approximate aggregate market value: $8,500,000.00
CUSIP: 454191112
+4 more
7 metrics
Shares proposed to be sold
50,000 shares of common stock
Maximum amount covered by the Form 144 notice
Approximate aggregate market value
$8,500,000.00
Estimated value of the 50,000 shares proposed for sale
CUSIP
454191112
CUSIP for Target Corp. common stock listed in the notice
Date of acquisition
08/20/2020
Date the shares were acquired via restricted stock vesting
Shares sold in past 3 months
50,000 shares
Sale by Brian Cornell on 05/27/2026 reported in the notice
Proceeds from recent sale
$6,492,622.60
Total consideration for 50,000 shares sold on 05/27/2026
Planned sale deadline
08/25/2026
Date associated with the proposed sale period in the notice
Key Terms
Rule 144, Restricted Stock Vesting, compensation
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 08/20/2020 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
compensation financial
"08/20/2020 | Compensation"
FAQ
What type of Target (TGT) securities are covered by this Form 144?
The Form 144 covers common stock of Target Corp., to be sold through Pershing Advisor Solutions. The shares were originally received as restricted stock vesting on 08/20/2020 as part of compensation from the issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.