Target (NYSE: TGT) executive uses 203 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Target Corporation executive Lisa R. Roath reported a small tax-related share disposition. On the vesting of a restricted stock unit award under the Target Corporation 2020 Long-Term Incentive Plan, 203 shares of common stock were withheld at $116.73 per share to satisfy tax obligations.
This was an automatic tax-withholding transaction, not an open-market sale. After this event, Roath directly held 40,472 shares of Target common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROATH LISA R
Role
Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 203 | $116.73 | $24K |
Holdings After Transaction:
Common Stock — 40,472 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Target (TGT) report for Lisa R. Roath?
Target reported that executive officer Lisa R. Roath had 203 common shares withheld to cover taxes on a restricted stock unit vesting. The shares were withheld at $116.73 each and were not sold on the open market, reflecting a routine compensation-related event.
Was the Target (TGT) insider transaction an open-market sale?
No, the transaction was not an open-market sale. Target withheld 203 shares from Lisa R. Roath at $116.73 per share to satisfy tax obligations on vesting restricted stock units, a standard payroll and compensation practice rather than a discretionary stock sale.
What plan governed the restricted stock units in this Target (TGT) Form 4?
The restricted stock units were granted under the Target Corporation 2020 Long-Term Incentive Plan. The 203 shares were withheld upon vesting to satisfy tax withholding obligations, as disclosed in the filing footnote, and had been previously reported when the award was originally disclosed.
Does the Target (TGT) Form 4 indicate any option exercises or derivative trades?
No, the Form 4 only shows a tax-withholding disposition of 203 common shares related to restricted stock unit vesting. The derivative section is empty, indicating no options, warrants, or other derivative securities were exercised or transacted in this particular filing.