KNAUSS DONALD R 4
Research Summary
AI-generated summary
Target (TGT) Director Donald Knauss Receives RSU Award
What Happened
- Donald R. Knauss, a director of Target Corporation, was granted 1,676 restricted stock units (RSUs) on March 11, 2026. The Form 4 reports an acquisition at $0.00 per share (award/grant), so no cash was paid in the transaction. The award was made under the Target Corporation 2020 Long-Term Incentive Plan.
Key Details
- Transaction date: 2026-03-11; Filing date (Form 4): 2026-03-13 — appears to be filed within the normal 2-business-day window.
- Transaction type/code: Award/Grant (A); Price reported: $0.00 per share.
- Shares reported acquired: 1,676 RSUs.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes: F1 = RSU award under the 2020 Long-Term Incentive Plan. F2 = dividend equivalents on RSUs were reinvested into additional RSUs. F3 = includes shares acquired via a dividend reinvestment plan in a brokerage account. Remarks include Exhibit 24 (Power of Attorney).
Context
- RSUs are compensation awards that typically vest over time and convert into shares if/when vesting conditions are met; they are not an open-market purchase or sale. Dividend equivalents and dividend reinvestment notes indicate some additional units were credited from dividends, not new cash purchases. This filing documents a compensation grant rather than insider buying/selling for cash.