Target (NYSE: TGT) accounting chief sells 926 shares outside 10b5-1 plan

Rhea-AI Filing Summary

TARGET CORP (TGT) Chief Accounting Officer Matthew A. Liegel reported a sale of 926 shares of common stock on 2026-08-21 in an open-market or private transaction at $163.51 per share. Following this sale, he directly holds 12,266 shares, which include dividend equivalents reinvested in additional restricted stock units.

Insider Trade Summary

Net Seller: 926 shares

Net Sell 1 txn

Insider LIEGEL MATTHEW A

Role Chief Accounting Officer

Sold 926 shs ($151K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	926	$163.51	$151K

Holdings After Transaction: Common Stock — 12,266 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Shares sold: 926 shares Sale price per share: $163.51 per share Shares held after transaction: 12,266 shares

3 metrics

Shares sold 926 shares Common Stock sale on 2026-08-21 by Chief Accounting Officer Matthew A. Liegel

Sale price per share $163.51 per share Price for the 926 shares of Common Stock sold on 2026-08-21

Shares held after transaction 12,266 shares Direct ownership of Matthew A. Liegel following the reported sale, including dividend equivalents reinvested in RSUs

Key Terms

dividend equivalents, restricted stock units, Chief Accounting Officer

3 terms

dividend equivalents financial

"Includes dividend equivalents paid on restricted stock units since the date"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

restricted stock units financial

"paid on restricted stock units since the date of the reporting person's"

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.

Chief Accounting Officer financial

"LIEGEL MATTHEW A ... officer_title": "Chief Accounting Officer""

A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.

FAQ

What insider transaction did TGT report for Matthew A. Liegel on August 21, 2026?

Matthew A. Liegel, Chief Accounting Officer of TARGET CORP (TGT), reported selling 926 shares of common stock on 2026-08-21 in a sale categorized as an open-market or private transaction at $163.51 per share.

How many TARGET CORP (TGT) shares does Matthew A. Liegel hold after this Form 4 transaction?

After the reported sale, Matthew A. Liegel directly holds 12,266 shares of TARGET CORP common stock. This amount includes dividend equivalents that have been reinvested in additional restricted stock units since his prior filing.

What was the sale price in Matthew A. Liegel’s August 21, 2026 TGT stock transaction?

The reported sale price for Matthew A. Liegel’s August 21, 2026 transaction in TARGET CORP common stock was $163.51 per share, as disclosed for the 926 shares sold.

Is Matthew A. Liegel an officer of TARGET CORP (TGT)?

Yes. The Form 4 identifies Matthew A. Liegel as an officer of TARGET CORP, with the title Chief Accounting Officer, and reports his direct ownership and recent sale of common stock.

Does the Form 4 for TGT indicate any Rule 10b5-1 trading plan for this transaction?

No. The filing’s Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), so the sale of 926 shares by Matthew A. Liegel is not identified as made under a Rule 10b5-1 trading plan.

How many shares did Matthew A. Liegel sell in this TARGET CORP (TGT) Form 4?

Matthew A. Liegel sold 926 shares of TARGET CORP common stock. The transaction is coded as S, described as a sale in an open-market or private transaction, at a reported price of $163.51 per share.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/24/2026 - 05:14 PM Accepted by SEC EDGAR 08/24/2026 - 05:13 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^*

LIEGEL MATTHEW 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/21/2026		S		926	D	$163.51	12,266(1)	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. 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:

	Miranda S. Hirner, Attorney-In-Fact	08/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)