Hoke John R III 4

What Happened

• John R. Hoke III, a director of Target Corporation (TGT), was granted 1,956 restricted stock units (RSUs) on March 11, 2026. The Form 4 reports the acquisition as 1,956 shares at $0.00 (award/grant), indicating a compensatory award rather than a cash purchase.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (filed on time).
• Transaction type: A = Award/Grant (restricted stock units).
• Shares/units granted: 1,956; reported acquisition price: $0.00 (typical for RSU grants).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: F1 — Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan.
• Remarks: Exhibit 24 (Power of Attorney) attached to the filing.

Context

• RSUs are compensation grants that typically convert to actual shares only after vesting and may be subject to service and/or performance conditions; they are not an immediate cash purchase or sale.
• Such awards are common for directors and executives and should be interpreted as compensation-related, not a straightforward bullish or bearish trade signal.