Target director receives 1,676-share stock award

LOZANO MONICA C reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

LOZANO MONICA C reported acquisition or exercise transactions in this Form 4 filing.

Target Corp director Monica C. Lozano reported a compensation-related stock award rather than a market purchase. She received 1,676 shares of Target common stock as a grant or award, at no purchase price, increasing her direct holdings to 22,857 shares after the transaction.

The footnotes explain this is an award of restricted stock units under the Target Corporation 2020 Long-Term Incentive Plan, and that the total includes dividend equivalents on previously granted restricted stock units that were reinvested in additional units.

Insider Trade Summary

Grant/Award: 1,676 shares

Grant/Award 1 txn

Insider LOZANO MONICA C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,676	$0.00	$0.00

Holdings After Transaction: Common Stock — 22,857 shares (Direct)

Footnotes (2)

1. F1. Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan.
2. F2. Includes dividend equivalents paid on 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Monica C. Lozano report at Target Corp (TGT)?

Monica C. Lozano reported receiving 1,676 shares of Target common stock as a grant or award. The shares were issued at no purchase price as part of her director compensation rather than through an open-market transaction.

Is Monica C. Lozano’s Form 4 for Target (TGT) a stock purchase or a compensation grant?

The Form 4 reflects a compensation grant, not a market purchase. Lozano received 1,676 shares as a grant or award of restricted stock units under Target’s 2020 Long-Term Incentive Plan at a price of $0.0000 per share.

How many Target (TGT) shares does Monica C. Lozano hold after this Form 4 transaction?

After the reported transaction, Lozano directly holds 22,857 Target common shares. This total includes the newly granted 1,676 restricted stock units and dividend equivalents that have been reinvested into additional restricted stock units over time.

What plan governed Monica C. Lozano’s recent stock award from Target (TGT)?

The stock award was made under the Target Corporation 2020 Long-Term Incentive Plan. Footnotes specify the transaction as an award of restricted stock units granted pursuant to this plan as part of Lozano’s ongoing equity-based compensation.

Do Monica C. Lozano’s Target (TGT) restricted stock units include dividend equivalents?

Yes. The reported holdings include dividend equivalents on restricted stock units since Lozano’s last filing. These dividend equivalents were paid and automatically reinvested in additional restricted stock units, increasing her total reported equity position in Target.

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

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Accepted by SEC EDGAR 03/13/2026 - 03:10 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

LOZANO MONICA C

(Last) (First) (Middle)

1000 NICOLLET MALL

(Street)

MINNEAPOLIS MN 55403

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TARGET CORP [ TGT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/11/2026		A(1)		1,676	A	$0	22,857(2)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan.

2. Includes dividend equivalents paid on 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.

Remarks:

Exhibit 24 - Power of Attorney

	Miranda S. Hirner, Attorney-In-Fact	03/13/2026
	** Signature of Reporting Person	Date
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.