TARGET CORP·4

Apr 3, 4:10 PM ET

Bratspies Stephen B 4

Research Summary

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Target (TGT) Director Stephen Bratspies Receives 1,791 RSU Award

What Happened
Stephen B. Bratspies, a director of Target Corporation (TGT), received an award of 1,791 restricted stock units (RSUs) on 2026-04-01. The Form 4 reports the acquisition type as "A" (award/grant) at $0.00 per share; this is a compensation grant (not an open-market purchase or sale).

Key Details

  • Transaction date: 2026-04-01; Form 4 filed: 2026-04-03.
  • Amount acquired: 1,791 RSUs; reported price: $0.00 (award).
  • Shares owned after the transaction: not specified in the provided filing.
  • Footnote: F1 — Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan.
  • Filing timing appears timely (filed two days after the grant); no 10b5-1 plan, tax-withholding, or late-filing flag is noted in the provided data.

Context
RSUs are compensation awards that typically convert to actual shares only if vesting conditions are met; they are common for directors and executives and do not represent an immediate market purchase or sale. Such grants are part of routine compensation and shouldn’t be interpreted alone as a signal of insider sentiment.