Target (NYSE: TGT) exec granted stock awards, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Target Corporation executive Melissa K. Kremer reported equity compensation grants and related tax withholding. On March 11, 2026, she received 16,759 shares of Target common stock as a restricted stock unit award under the 2020 Long-Term Incentive Plan, including reinvested dividend equivalents. She also received a separate performance-based restricted stock unit award covering a minimum of 7,794 shares, which vests three years after the grant date.
On the same date, 1,260 shares were withheld at $119.88 per share to satisfy tax obligations on a prior performance-based award’s vesting, rather than sold in the open market. After these transactions, Kremer directly held 67,974 shares of Target common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kremer Melissa K
Role
Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,759 | $0.00 | -- |
| Grant/Award | Common Stock | 7,794 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,260 | $119.88 | $151K |
Holdings After Transaction:
Common Stock — 61,440 shares (Direct)
Footnotes (1)
- Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan. Includes dividend equivalents paid on performance-based 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 performance-based restricted stock units. Award of performance-based restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan. Amount reported represents the minimum number of shares that will be delivered upon satisfaction of vesting conditions. Award vests three years after the grant date. Withholding of stock to satisfy tax withholding obligation on vesting of performance-based restricted stock unit award granted under the Target Corporation 2020 Long-Term Incentive Plan previously reported by the reporting person on March 10, 2023.