Christina Hennington - Mar 21, 2024 Form 4 Insider Report for TARGET CORP (TGT)

Signature
Benjamin S. Borden, Attorney-In-Fact
Stock symbol
TGT
Transactions as of
Mar 21, 2024
Transactions value $
-$786,048
Form type
4
Date filed
3/22/2024, 04:48 PM
Previous filing
Mar 15, 2024
Next filing
Apr 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TGT Common Stock Sale -$786K -4.6K -10.68% $170.88 38.5K Mar 21, 2024 Direct F1
holding TGT Common Stock 441 Mar 21, 2024 By 401(k) Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 22, 2023.
F2 Shares held in the Target Corporation 401(k) Plan based on the plan statement as of December 31, 2023. These shares were inadvertently omitted from the reporting person's Form 4 filed on March 15, 2024.