Vemana Pratabkumar 4

What Happened

• Vemana Pratabkumar, an executive officer of Target Corporation (TGT), received 3,634 shares on 2026-04-07 pursuant to the settlement of a performance share unit (PSU) award. The acquisition is reported as 3,634 shares @ $0.00 (code A).
• To satisfy tax withholding on that settlement, 1,166 shares were withheld/disposed at $120.76 per share, for a withholding value of $140,806 (code F). Net shares issued to Pratabkumar were 2,468 (3,634 issued minus 1,166 withheld).

Key Details

• Transaction dates: 2026-04-07 (award settlement and tax withholding).
• Prices and values: Awarded shares reported at $0.00; withholding occurred at $120.76 per share, totaling $140,806.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 — settlement of PSU award under the Target Corporation 2020 Long-Term Incentive Plan. F2 — shares withheld to satisfy tax withholding obligation on that settlement.
• Timeliness: Filing dated 2026-04-09 for the 2026-04-07 transaction; appears to be a timely Form 4 (not marked late).

Context

• This was a compensation-related award (PSU settlement), not an open-market purchase or discretionary sale. Withholding shares to cover taxes is a routine administrative step and not necessarily a signal about the executive’s view of the stock.
• The reported withholding value (~$140.8K) reflects the tax obligation on the settled award; the award itself is part of long-term incentive compensation.