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Target Exec Sells 50K Shares Amid Stock Surge
29 Aug
Summary
- Executive sold 50,000 shares, representing 15% of his holdings.
- Remaining equity is split between direct and indirect accounts.
- Stock sale price slightly exceeded the daily market close.
On August 25, 2026, Brian C. Cornell, Executive Officer of Target Corporation, reported the sale of 50,000 shares of common stock. This transaction accounted for approximately 15% of his equity holdings immediately before the sale.
The weighted average sale price was $163.56 per share, a figure marginally higher than the market's closing price of $163.47 on the same day. As of the filing date, Cornell's remaining shares are split between directly held stock and indirectly held assets.
His indirect holdings include shares held in trust and within Target's 401(k) plan. The sale occurred during a period where Target's stock had shown strong performance, delivering a 68% total return over the preceding 12 months.
