Kremer Melissa K 4
4 · TARGET CORP · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Target (TGT) Executive Melissa Kremer Receives RSU Awards; 1,260 Shares Withheld
What Happened Melissa K. Kremer, an executive officer at Target Corporation (TGT), was granted two awards of restricted stock units (RSUs) on March 11, 2026: 16,759 RSUs and 7,794 RSUs (both reported at $0.00). On the same date, 1,260 shares were withheld (disposed) at $119.88 per share to cover tax withholding, totaling $151,049. The grants are awards (not purchases); the withholding is a routine tax-related disposition.
Key Details
- Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (timely).
- Grants: 16,759 RSUs @ $0.00 and 7,794 RSUs @ $0.00 (total 24,553 RSUs reported).
- Withholding disposition: 1,260 shares @ $119.88 each for $151,049 (tax withholding).
- Footnotes: awards are under the Target Corporation 2020 Long-Term Incentive Plan (F1, F3); dividend equivalents on performance RSUs were reinvested (F2); the 1,260-share withholding satisfies tax obligations on vesting of performance-based RSUs previously reported (F4).
- Shares owned after the transaction are not specified in the filing.
Context These transactions are internal compensation actions: RSU grants are future equity that vest per plan rules (performance-based RSUs noted vest three years after grant) and are not open-market purchases. The withholding of shares to cover tax obligations is common and should not be read as a discretionary sale for cash. The filing appears timely (filed two days after the reported transactions).
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-11+16,759→ 61,440 total - Award
Common Stock
[F3]2026-03-11+7,794→ 69,234 total - Tax Payment
Common Stock
[F4]2026-03-11$119.88/sh−1,260$151,049→ 67,974 total
Footnotes (4)
- [F1]Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan.
- [F2]Includes dividend equivalents paid on performance-based restricted stock units since the date of the reporting person's last filing through the date of the reported transaction that have been reinvested in additional performance-based restricted stock units.
- [F3]Award of performance-based restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan. Amount reported represents the minimum number of shares that will be delivered upon satisfaction of vesting conditions. Award vests three years after the grant date.
- [F4]Withholding of stock to satisfy tax withholding obligation on vesting of performance-based restricted stock unit award granted under the Target Corporation 2020 Long-Term Incentive Plan previously reported by the reporting person on March 10, 2023.