Vemana Pratabkumar 4

What Happened
Vemana Pratabkumar, an executive officer of Target Corporation (TGT), was granted a total of 28,240 restricted stock units (20,949 RSUs + 7,291 RSUs) on 2026-03-11 (awards reported at $0.00). To satisfy tax withholding on vesting, 625 shares were withheld/disposed at $119.88 per share, generating $74,925 to cover the tax obligation.

Key Details

• Transaction date(s): March 11, 2026 (reported on Form 4 filed March 13, 2026). Filing appears timely.
• Grants: 20,949 RSUs (F1/F2) and 7,291 RSUs (F2/F3) reported as awards at $0.00. Total = 28,240 RSUs.
• Withholding (disposition): 625 shares withheld at $119.88/share for $74,925 (F4) to satisfy tax withholding on vesting. Transaction code F = tax withholding.
• Footnotes: Awards under the Target 2020 Long-Term Incentive Plan; includes dividend equivalents reinvested (F2); performance-based RSUs include a minimum deliverable share amount and vest three years after grant (F3).
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan or late-filing flag noted.

Context
These transactions are grants of restricted stock units (not open-market purchases). The RSUs are compensation awards that generally vest over time (performance-based awards note a three-year vesting schedule) and do not necessarily indicate immediate buying or selling intent. The 625-share disposition is a routine tax-withholding action when awards vest and is coded F on the Form 4.