BOUDREAUX GAIL 4

What Happened Gail Boudreaux, a director of Target Corporation (TGT), was granted 2,682 restricted stock units (RSUs) on March 11, 2026. The Form 4 reports the award as an acquisition (code A) at a reported price of $0.00 (typical for equity awards—this reflects an issued grant, not a cash purchase or sale).

Key Details

• Transaction date: 2026-03-11; Filing date: 2026-03-13 (filed within the standard 2‑business‑day window).
• Reported transaction: 2,682 RSUs granted, price listed as $0.00.
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnotes: F1 — RSUs awarded under the Target Corporation 2020 Long‑Term Incentive Plan. F2 — dividend equivalents on RSUs since the last filing were reinvested into additional RSUs.
• Remarks: Exhibit 24 (Power of Attorney) attached.

Context This transaction is a compensation award (RSUs) rather than an open‑market buy or sell; RSU grants generally vest over time and do not necessarily signal immediate trading intent. The F2 note indicates dividend equivalents have been reinvested into additional RSUs, which increases the unit count over time.