Target (TGT) executive Vemana reports tax-withholding of 199 shares in Form 4

Rhea-AI Filing Summary

Target Corporation executive officer Pratabkumar Vemana reported a routine tax-withholding share disposition related to equity compensation. On the reported date, 199 shares of Target common stock were withheld at a price of $116.73 per share to cover tax obligations upon vesting of restricted stock units under the Target Corporation 2020 Long-Term Incentive Plan.

After this tax-withholding transaction, Vemana directly owned 48,052 shares of Target common stock. This event reflects standard administration of stock-based compensation rather than an open-market purchase or sale.

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

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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^*

Vemana Pratabkumar

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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	03/13/2026		F(1)		199	D	$116.73	48,052	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. Withholding of stock to satisfy tax withholding obligation on vesting of an award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan that was previously reported by the reporting person on Form 3 filed May 30, 2025.

Remarks:

	Miranda S. Hirner, Attorney-In-Fact	03/16/2026
	** 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 insider transaction did Target (TGT) executive Pratabkumar Vemana report?

Target executive Pratabkumar Vemana reported a tax-withholding disposition of 199 shares of common stock. The shares were withheld to cover tax obligations upon vesting of restricted stock units granted under Target’s 2020 Long-Term Incentive Plan.

How many Target (TGT) shares were involved in Pratabkumar Vemana’s Form 4 filing?

The Form 4 shows 199 shares of Target common stock were withheld at $116.73 per share. These shares satisfied tax withholding requirements tied to the vesting of restricted stock units rather than being sold in the open market.

Does the Target (TGT) Form 4 for Pratabkumar Vemana indicate an open-market sale?

No, the filing describes a tax-withholding disposition, not an open-market sale. Shares were retained by the company to satisfy tax obligations when restricted stock units vested under Target’s long-term incentive plan, a common equity compensation practice.

How many Target (TGT) shares does Pratabkumar Vemana own after this transaction?

Following the tax-withholding disposition, Pratabkumar Vemana directly owned 48,052 shares of Target common stock. This remaining position reflects his ongoing equity stake after 199 shares were withheld to cover tax liabilities on vesting restricted stock units.

What plan governed the restricted stock units in Target (TGT) executive Pratabkumar Vemana’s Form 4?

The restricted stock units were granted under the Target Corporation 2020 Long-Term Incentive Plan. The reported 199-share disposition occurred when units vested and shares were withheld to meet associated tax withholding obligations, as described in the Form 4 footnote.