Target (NYSE: TGT) insider lines up $2.6M stock sale for 2026
Rhea-AI Filing Summary
TARGET CORP (TGT) received a Rule 144 notice from officer Melissa K. Kremer covering a proposed sale of up to 15,500 shares of Target common stock through Fidelity Brokerage Services LLC on or after 08/24/2026. The filing lists an aggregate market value of 2,634,317.39 for these shares and notes 454,191,112 shares of common stock outstanding. The shares derive from multiple restricted stock vesting events between March 2022 and April 2024.
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Key Figures
Shares to be sold: 15,500 shares
Aggregate market value: 2,634,317.39
Shares outstanding: 454,191,112 shares
+5 more
8 metrics
Shares to be sold
15,500 shares
Proposed sale of Target common stock under Rule 144
Aggregate market value
2,634,317.39
Aggregate market value for 15,500 shares in the proposed sale
Shares outstanding
454,191,112 shares
Target common stock outstanding as listed in the Form 144
Restricted stock vesting 03/09/2022
1,649 shares
Common stock from restricted stock vesting, compensation from issuer
Restricted stock vesting 03/10/2022
5 shares
Common stock from restricted stock vesting, compensation from issuer
Restricted stock vesting 03/08/2023
10,209 shares
Common stock from restricted stock vesting, compensation from issuer
Restricted stock vesting 04/09/2024
3,637 shares
Common stock from restricted stock vesting, compensation from issuer
Approximate date of sale
08/24/2026
Approximate date of proposed Rule 144 sale of 15,500 shares
Key Terms
Rule 144, restricted stock vesting, attorney-in-fact, aggregate market value
4 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 | 03/09/2022 | 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.
attorney-in-fact regulatory
"as attorney-in-fact for Melissa Kremer"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... | 15500 | 2634317.39"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing for TARGET CORP (TGT) disclose?
It discloses that officer Melissa K. Kremer has filed a notice under Rule 144 for a proposed sale of up to 15,500 shares of Target common stock through Fidelity Brokerage Services LLC, with an aggregate market value listed as 2,634,317.39.
AI-generated analysis. How Rhea-AI works. Not financial advice.