Director John Hoke awarded 1,956 Target (TGT) shares in equity grant

Rhea-AI Filing Summary

Hoke John R III reported acquisition or exercise transactions in this Form 4 filing.

TARGET CORP director John R. Hoke III reported an equity grant of 1,956 shares of common stock on March 11, 2026. The transaction is coded as an award and carries a zero dollar price per share, indicating compensation rather than an open-market purchase.

The award is described as restricted stock units granted under the Target Corporation 2020 Long-Term Incentive Plan. After the grant, Hoke directly holds 1,956 shares and has an additional 50 shares reported as held indirectly by his spouse.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hoke John R III

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,956	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,956 shares (Direct); Common Stock — 50 shares (Indirect, By Spouse)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Hoke John R III

(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		1,956(1)	A	$0	1,956	D
Common Stock								50	I	By Spouse

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.

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.

FAQ

What did Target (TGT) director John R. Hoke III report in this Form 4?

John R. Hoke III reported receiving an equity grant of 1,956 shares of Target common stock. The award was made on March 11, 2026 as part of his compensation and recorded at no purchase price, reflecting a grant rather than a market transaction.

Was the Target (TGT) Form 4 transaction an open-market buy or a compensation grant?

The Form 4 shows a compensation grant, not an open-market buy. The transaction is coded as an award with a zero dollar share price and is described as restricted stock units granted under the Target Corporation 2020 Long-Term Incentive Plan.

How many Target (TGT) shares does John R. Hoke III hold after this filing?

After the reported grant, John R. Hoke III holds 1,956 Target common shares directly. The filing also notes 50 additional shares held indirectly through his spouse, providing visibility into both his direct and reported indirect share interests in the company.

What plan governs the equity award reported by Target (TGT) director John R. Hoke III?

The award is made under the Target Corporation 2020 Long-Term Incentive Plan. The footnote specifies it as an award of restricted stock units, indicating it is part of Target’s long-term equity compensation program for eligible participants, including directors.

How is the spouse’s Target (TGT) share ownership reported in this Form 4?

The Form 4 lists 50 Target common shares as held indirectly "By Spouse." This entry is categorized as an indirect holding rather than a new transaction, showing an additional reported interest associated with the director’s household without indicating any buy or sell activity.

Does this Target (TGT) Form 4 show any option exercises or derivative positions?

This Form 4 does not report any option exercises or other derivative transactions. The derivative section is empty, and the only new activity disclosed is the grant of 1,956 restricted stock units that convert into common shares as part of long-term incentive compensation.