Target Corp (NYSE: TGT) awards director 1,007 restricted stock units
Rhea-AI Filing Summary
DePinto Joseph Michael reported acquisition or exercise transactions in this Form 4 filing.
Target Corp director Joseph Michael DePinto received an equity grant of 1,007 restricted stock units on August 3, 2026, under the Target Corporation 2020 Long-Term Incentive Plan. Following this award, he directly holds 1,007 shares reported as common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,007 shares
Net Buy
1 txn
Insider
DePinto Joseph Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,007 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,007 shares (Direct)
Footnotes (1)
- F1. Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan.
Key Figures
Restricted stock units awarded: 1,007 shares
Transaction price per share: 0.0000
Shares held after transaction: 1,007 shares
3 metrics
Restricted stock units awarded
1,007 shares
Equity award granted on August 3, 2026 under the 2020 Long-Term Incentive Plan
Transaction price per share
0.0000
Reported price per share for the grant/award acquisition
Shares held after transaction
1,007 shares
Direct holdings of common stock following the reported award
Key Terms
restricted stock units, Long-Term Incentive Plan, non-derivative
3 terms
restricted stock units financial
"Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan."
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.
Long-Term Incentive Plan financial
"Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
non-derivative financial
"The transaction is reported as a non-derivative equity award of common stock."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Target (TGT) report for Joseph Michael DePinto?
Joseph Michael DePinto reported receiving an equity grant of 1,007 restricted stock units. The award, at a reported price of $0.00 per share, was made under Target Corporation’s 2020 Long-Term Incentive Plan and brought his direct holdings to 1,007 shares.
What type of equity award did Target (TGT) grant to director Joseph Michael DePinto?
Target granted Joseph Michael DePinto an award of restricted stock units covering 1,007 shares. The filing describes it as an “Award of restricted stock units” made pursuant to the Target Corporation 2020 Long-Term Incentive Plan, with a reported per-share price of $0.00.
Is Joseph Michael DePinto’s Target (TGT) equity reported as directly owned?
Yes. The Form 4 shows the ownership type as direct for the 1,007 shares. The award increased his directly held position to 1,007 shares of common stock, tied to restricted stock units granted under Target’s 2020 Long-Term Incentive Plan.