ABNEY DAVID P 4
Research Summary
AI-generated summary
Target Director David P. Abney Receives 1,676-Share RSU Award
What Happened
- David P. Abney, a director of Target Corporation (TGT), was granted 1,676 restricted stock units (RSUs) on 2026-03-11. The award is reported at $0.00 per share because it is an equity grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-11; Form 4 filed: 2026-03-13.
- Transaction type/code: A — Award/Grant (RSUs) under the Target Corporation 2020 Long-Term Incentive Plan.
- Shares involved: 1,676 RSUs; reported acquisition value: $0.00 per share (typical for RSU grants).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 — Award pursuant to the 2020 Long-Term Incentive Plan. F2 — Includes dividend equivalents earned on RSUs since last filing that were reinvested as additional RSUs.
- Filing notes: Exhibit 24 (Power of Attorney) attached; no late filing indicated.
Context
- RSU awards are compensation and do not represent an outright cash purchase by the insider; they typically vest over time and convert to shares when vesting conditions are met. Dividend equivalents reinvested into additional RSUs increase the grant size but do not imply trading intent.