STOCK TITAN

Target (NYSE: TGT) insider Brian Cornell sells 50,000 shares

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

TARGET CORP (TGT) reported that director and executive officer Brian C. Cornell50,000 shares$163.5556143,270 shares134,733 shares500.2559 shares

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Cornell Brian C
Role Executive Officer
Sold 50,000 shs ($8.18M)
Type Security Shares Price Value
Sale Common Stock F1 50,000 $163.5556 $8.18M
holding Common Stock F2 -- -- --
holding Common Stock F3 -- -- --
Holdings After Transaction: Common Stock — 143,270 shares (Indirect, By Trust); Common Stock — 134,733 shares (Direct); Common Stock — 500.2559 shares (Indirect, By 401(k) Plan)
Footnotes (3)
  1. F1. Price is the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range. Actual prices ranged from $163.0250 to $164.0250. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  2. F2. Includes dividend equivalents paid on restricted stock units and performance-based restricted stock units since the date of the reporting person's last filing through the date of the reported transaction that have been reinvested in additional restricted stock units and performance-based restricted stock units.
  3. F3. Shares held in the Target Corporation 401(k) Plan based on the plan statement as of June 30, 2026.
Shares sold 50,000 shares of Common Stock Sale by trust on August 25, 2026
Volume-weighted average price $163.5556 per share Average sale price for 50,000 shares on August 25, 2026
Sale price range $163.0250 to $164.0250 per share Actual prices for shares sold on August 25, 2026
Indirect holdings by trust after sale 143,270 shares Indirect ownership reported for Brian C. Cornell
Direct holdings after transactions 134,733 shares Direct ownership including dividend equivalents on RSUs and PRSUs
401(k) Plan holdings 500.2559 shares Shares held in Target Corporation 401(k) Plan as of June 30, 2026
volume weighted average selling price financial
"Price is the volume weighted average selling price of all sales..."
dividend equivalents financial
"Includes dividend equivalents paid on restricted stock units..."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
restricted stock units financial
"Includes dividend equivalents paid on restricted stock units..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based restricted stock units financial
"and performance-based restricted stock units since the date..."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

FAQ

What insider transaction did TGT report for Brian C. Cornell on August 25, 2026?

Brian C. Cornell reported a sale of 50,000 sharesAugust 25, 2026

At what price were Brian C. Cornell’s TGT shares sold in this Form 4?

The 50,000 Target shares were sold at a volume‑weighted average price of $163.5556$163.0250$164.0250.

How many TGT shares does Brian C. Cornell’s trust hold after the reported sale?

After the reported sale, the trust associated with Brian C. Cornell holds 143,270 shares

What are Brian C. Cornell’s direct TGT share holdings after this filing?

Brian C. Cornell directly holds 134,733 sharesdividend equivalents

How many TGT shares does Brian C. Cornell hold through the 401(k) plan?

Brian C. Cornell holds 500.2559 sharesTarget Corporation 401(k) Plan, based on the plan statement as of June 30, 2026.

Was Brian C. Cornell’s August 25, 2026 TGT trade under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox as not checked, so the filing does not identify the August 25, 2026 transaction as made under a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cornell Brian C

(Last)(First)(Middle)
1000 NICOLLET MALL

(Street)
MINNEAPOLIS MINNESOTA 55403

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TARGET CORP [ TGT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/25/2026S50,000D$163.5556(1)143,270IBy Trust
Common Stock134,733(2)D
Common Stock500.2559(3)IBy 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Price is the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range. Actual prices ranged from $163.0250 to $164.0250. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
2. Includes dividend equivalents paid on restricted stock units and performance-based restricted stock units since the date of the reporting person's last filing through the date of the reported transaction that have been reinvested in additional restricted stock units and performance-based restricted stock units.
3. Shares held in the Target Corporation 401(k) Plan based on the plan statement as of June 30, 2026.
Remarks:
Miranda S. Hirner, Attorney-In-Fact08/27/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)