STOCK TITAN

Target (TGT) executive Cara Sylvester sells 10,000 shares in open market

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Target Corp executive Cara A. Sylvester reported an open-market sale of company stock. On this Form 4, she sold 10,000 shares of Target common stock in an open-market transaction at a volume-weighted average price of $125.8905 per share, with actual prices ranging from $125.8900 to $125.9350. After the sale, she directly holds 45,930 Target shares, so the transaction represents a partial reduction of her direct equity stake rather than a full exit.

Positive

  • None.

Negative

  • None.

Insights

Target executive sells 10,000 shares, retaining a sizable remaining stake.

Cara A. Sylvester, an executive officer of Target Corp, executed an open-market sale of 10,000 shares of common stock. The disclosed volume-weighted average sale price was $125.8905 per share, based on trades within a narrow one-dollar band.

Following the sale, she directly holds 45,930 Target shares, so this filing reflects a partial share disposal rather than a full liquidation of her position. No derivative exercises or tax-withholding events were reported, and the footnote explains the price range and volume-weighted pricing methodology.

From a signaling standpoint, this is a discretionary open-market sale, but the remaining ownership suggests continued equity exposure. The filing does not reference any Rule 10b5-1 trading plan, and no additional timing milestones are mentioned beyond the transaction date of May 29, 2026.

Insider SYLVESTER CARA A
Role Executive Officer
Sold 10,000 shs ($1.26M)
Type Security Shares Price Value
Sale Common Stock 10,000 $125.8905 $1.26M
Holdings After Transaction: Common Stock — 45,930 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 10,000 shares Open-market sale of Target common stock on May 29, 2026
Average sale price $125.8905 per share Volume-weighted average selling price for the reported trades
Post-transaction holdings 45,930 shares Direct Target common stock held after the sale
Price range $125.8900–$125.9350 per share Actual individual trade prices on the transaction date
Net share direction 10,000 net shares sold Net-sell direction based on Form 4 transaction summary
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
volume weighted average selling price financial
"Price is the volume weighted average selling price of all sales"
non-derivative financial
""transaction_type": "non-derivative""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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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*
SYLVESTER CARA A

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
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 Stock05/29/2026S10,000D$125.8905(1)45,930D
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 $125.8900 to $125.9350. 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.
Remarks:
Miranda S. Hirner, Attorney-In-Fact06/01/2026
** 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)

FAQ

What insider transaction did Target (TGT) report for Cara A. Sylvester?

Target reported that executive officer Cara A. Sylvester sold 10,000 shares of common stock in an open-market transaction. The sale was disclosed on a Form 4 insider filing and reflects a discretionary sale of existing shares, not an option exercise.

At what price did the Target (TGT) executive sell her shares?

The reported sale used a volume-weighted average price of $125.8905 per share. According to the footnote, individual trade prices on the transaction date ranged from $125.8900 to $125.9350, all within a narrow one-dollar range during the selling activity.

How many Target (TGT) shares does Cara A. Sylvester hold after this Form 4 sale?

After selling 10,000 shares, Cara A. Sylvester directly holds 45,930 shares of Target common stock. This indicates she reduced, but did not eliminate, her position and continues to maintain a meaningful direct equity stake in the company following the reported transaction.

Was the Target (TGT) insider sale an open-market transaction?

Yes. The Form 4 describes the transaction as an open-market sale of Target common stock. The filing specifies a sale code of “S” and characterizes it as a sale in open market or private transaction, with pricing based on volume-weighted average sale prices.

Does the Target (TGT) Form 4 mention any derivative exercises or tax withholding?

No. The Form 4 transaction data show only a non-derivative sale of common stock and no derivative exercises, tax-withholding dispositions, gifts, or restructuring transfers. The derivative summary is empty, and tax withholding share counts are reported as zero in the filing.