Target (TGT) CEO Brian Cornell Sells 50,000 Shares

What Happened
Brian C. Cornell, an executive officer and director of Target Corporation, sold 50,000 shares on August 25, 2026. The transaction was reported as a sale (Code S) with a volume-weighted average selling price (VWAP) of $163.56, yielding proceeds of approximately $8,177,780.

Key Details

• Transaction date: 2026-08-25 (reported on Form 4 filed 2026-08-27 — timely filing).
• Price: VWAP $163.56; actual sale prices ranged from $163.0250 to $164.0250 (see footnote F1).
• Shares sold/disposed: 50,000; proceeds ≈ $8,177,780.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes: F1 explains VWAP and price range and offers to provide per-price breakdown on request; F2 notes reinvested dividend equivalents from RSUs/PSUs since last filing; F3 references shares held in Target 401(k) Plan as of June 30, 2026.
• No 10b5-1 plan, option exercise, gift, or tax-withholding detail is referenced in the provided excerpt.

Context
This was a straightforward sale of existing shares (not an option exercise or award). Sales by executives can be routine (portfolio rebalancing, tax planning, diversification) and are not, by themselves, a definitive signal about company prospects. The filing provides price-range detail and offers further breakdown on request to the SEC or issuer.