TGT insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
James Lee Executive Officer	7,636	$157.94	n/a	n/a	Sep 30, 2026	Oct 2, 2026

What stands out

Three officers sold $24.7M with no disclosed plan: Brian Cornell ($20.8M), Melissa Kremer ($2.6M) and Cara Sylvester ($1.3M). The filings don't state a reason.Brian Cornell: largest such sale, Aug 25, 2026 · Melissa Kremer: largest such sale, Aug 24, 2026 · Cara Sylvester: largest such sale, May 29, 2026

Percentages cover 15 of 27 officers and directors. 12 are left out

Left out: Brian Cornell, Michael Fiddelke, James Lee, Melissa Kremer, Cara Sylvester, Pratabkumar Vemana, Lisa Roath and Matthew Liegel (holdings couldn't be fully reconciled); Stephen Bratspies, Grant McGee, Joseph DePinto and Mark Weinstein (held no vested shares at the start).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period

Brian Cornell

Executive Officer, Director

No bar: holdings couldn't be fully reconciled.

$20.8MNo plan disclosed

Melissa Kremer

Executive Officer

No bar: holdings couldn't be fully reconciled.

$2.6MNo plan disclosed

Cara Sylvester

Executive Officer

No bar: holdings couldn't be fully reconciled.

$1.3MNo plan disclosed

Lisa Roath

Executive Officer

No bar: holdings couldn't be fully reconciled.

$966KNo plan disclosed

Matthew Liegel

Chief Accounting Officer

No bar: holdings couldn't be fully reconciled.

$392KNo plan disclosed

Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed

Common questions

Why are Target Corp insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Target Corp insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold5 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
Brian Cornell Executive Officer, Director	$20.8M 150K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
Melissa Kremer Executive Officer	$2.6M 16K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
Cara Sylvester Executive Officer	$1.3M 10K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
Lisa Roath Executive Officer	$966K 7K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
Matthew Liegel Chief Accounting Officer	$392K 3K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed

The full ownership picture19 of 27 insiders fully reconciled · 27 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 8, 2025

Sold

Held Oct 8, 2026

Still held

Brian Cornell

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: -46,817 shares on May 27, 2026 (Direct). See the filing Sales and other transactions for Brian Cornell are complete.

Executive Officer, Director

n/a

−150K

n/a

Vesting, gifts, unvested awards and holding lines for Brian Cornell

0shares vested or exercised

0gifted (net of own trusts)

−33Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: -46,817 shares on May 27, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	106,921	134,733
Trust	Common Stock	246,453	143,270
401(k) Plan	Common Stock	474	500

Additional holdings last reported Mar 2, 2017, not confirmed since: 8,491 shares. Not included in any total or percentage on this page.

Direct, Deferred Compensation Units: 8,491 shares, last reported Mar 2, 2017

Richard Gomez

Includes unvested RSUs, amount not disclosed. New Form 3 filed 2024-07-12; earlier filings set aside.

Executive Officer

135K

no sales

Vesting, gifts, unvested awards and holding lines for Richard Gomez

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
New Form 3 filed 2024-07-12; earlier filings set aside.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	134,871	134,871
401(k) Plan	Common Stock	375	375

Michael Fiddelke

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +1,542 shares on Mar 11, 2026 (Direct). See the filing Sales and other transactions for Michael Fiddelke are complete.

Executive Officer

n/a

Vesting, gifts, unvested awards and holding lines for Michael Fiddelke

0shares vested or exercised

0gifted (net of own trusts)

−7.1Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +1,542 shares on Mar 11, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	88,663	124,790

Christina Hennington

Includes unvested RSUs, amount not disclosed.

Executive Officer

53K

no sales

Vesting, gifts, unvested awards and holding lines for Christina Hennington

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	52,883	52,883
401(k) Plan	Common Stock	459	459

James Lee

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +1,333 shares on Sep 30, 2026 (Direct). See the filing Sales and other transactions for James Lee are complete.

Executive Officer

n/a

Vesting, gifts, unvested awards and holding lines for James Lee

0shares vested or exercised

0gifted (net of own trusts)

−7.6Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +1,333 shares on Sep 30, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	53,170	83,823

Melissa Kremer

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +734 shares on Mar 11, 2026 (Direct). See the filing Sales and other transactions for Melissa Kremer are complete.

Executive Officer

n/a

−16K

n/a

Vesting, gifts, unvested awards and holding lines for Melissa Kremer

0shares vested or exercised

0gifted (net of own trusts)

−4.3Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +734 shares on Mar 11, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	43,947	56,981

Douglas Baker Jr.

Minor difference of 1,790 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Includes unvested RSUs, amount not disclosed. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

41K

44K

no sales

Vesting, gifts, unvested awards and holding lines for Douglas Baker Jr.

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	40,828	44,294

Reconciliation: minor difference of 1,790 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Donald Knauss

Minor difference of 1,672 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Includes unvested RSUs, amount not disclosed. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

35K

38K

no sales

Vesting, gifts, unvested awards and holding lines for Donald Knauss

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	22,269	25,030
Trust	Common Stock	12,458	13,045

Reconciliation: minor difference of 1,672 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Robert Edwards

Minor difference of 1,085 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Includes unvested RSUs, amount not disclosed. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

32K

35K

no sales

Vesting, gifts, unvested awards and holding lines for Robert Edwards

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	22,269	25,030
Trust	Common Stock	10,000	10,000

Reconciliation: minor difference of 1,085 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Cara Sylvester

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +667 shares on Mar 11, 2026 (Direct). See the filing Sales and other transactions for Cara Sylvester are complete.

Executive Officer

n/a

−10K

n/a

Vesting, gifts, unvested awards and holding lines for Cara Sylvester

0shares vested or exercised

0gifted (net of own trusts)

−3Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +667 shares on Mar 11, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	26,889	45,930

Katie Boylan

New Form 3 filed 2025-04-02; earlier filings set aside.

Executive Officer

25K

no sales

Vesting, gifts, unvested awards and holding lines for Katie Boylan

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

New Form 3 filed 2025-04-02; earlier filings set aside.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	25,318	25,318

Pratabkumar Vemana

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +397 shares on Oct 31, 2025 (Direct). See the filing Sales and other transactions for Pratabkumar Vemana are complete.

Executive Officer

n/a

Vesting, gifts, unvested awards and holding lines for Pratabkumar Vemana

0shares vested or exercised

0gifted (net of own trusts)

−2.8Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +397 shares on Oct 31, 2025 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	20,681	50,520

Monica Lozano

Minor difference of 984 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Includes unvested RSUs, amount not disclosed. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

20K

23K

no sales

Vesting, gifts, unvested awards and holding lines for Monica Lozano

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	20,197	22,857

Reconciliation: minor difference of 984 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

George Barrett

Minor difference of 948 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Includes unvested RSUs, amount not disclosed. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

19K

23K

no sales

Vesting, gifts, unvested awards and holding lines for George Barrett

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	19,486	23,325

Reconciliation: minor difference of 948 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Dmitri Stockton

Minor difference of 913 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Includes unvested RSUs, amount not disclosed. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

19K

23K

no sales

Vesting, gifts, unvested awards and holding lines for Dmitri Stockton

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	18,782	22,586

Reconciliation: minor difference of 913 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Lisa Roath

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +301 shares on Jun 29, 2026 (Direct). See the filing Sales and other transactions for Lisa Roath are complete.

Executive Officer

n/a

−7K

n/a

Vesting, gifts, unvested awards and holding lines for Lisa Roath

0shares vested or exercised

0gifted (net of own trusts)

−1.5Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Started reporting during the period; starting holdings are from the Form 3.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +301 shares on Jun 29, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	16,156	35,465

Matthew Liegel

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +447.1572 shares on Mar 17, 2026 (Direct). See the filing Sales and other transactions for Matthew Liegel are complete.

Chief Accounting Officer

n/a

−3K

n/a

Vesting, gifts, unvested awards and holding lines for Matthew Liegel

0shares vested or exercised

0gifted (net of own trusts)

−1.4Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +447.1572 shares on Mar 17, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	11,064	12,266
Direct	Deferred Compensation Units	3,262	7,135

Derica Rice

Minor difference of 557 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Includes unvested RSUs, amount not disclosed. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. New Form 3 filed 2020-09-02; earlier filings set aside.

Director

11K

15K

no sales

Vesting, gifts, unvested awards and holding lines for Derica Rice

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unexplained small increases, consistent with stock unit vesting or reinvested dividends.
New Form 3 filed 2020-09-02; earlier filings set aside.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	11,383	14,622

Reconciliation: minor difference of 557 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Christine Leahy

Minor difference of 515 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Includes unvested RSUs, amount not disclosed. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

11K

14K

no sales

Vesting, gifts, unvested awards and holding lines for Christine Leahy

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	10,501	14,117

Reconciliation: minor difference of 515 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Gail Boudreaux

Minor difference of 443 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Includes unvested RSUs, amount not disclosed. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

9.1K

12K

no sales

Vesting, gifts, unvested awards and holding lines for Gail Boudreaux

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	9,067	12,192

Reconciliation: minor difference of 443 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Grace Whiteford

Minor difference of 297 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Includes unvested RSUs, amount not disclosed. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

6.3K

8.3K

no sales

Vesting, gifts, unvested awards and holding lines for Grace Whiteford

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	6,310	8,283

Reconciliation: minor difference of 297 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

David Abney

Minor difference of 291 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Includes unvested RSUs, amount not disclosed. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

5.8K

7.8K

no sales

Vesting, gifts, unvested awards and holding lines for David Abney

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	5,848	7,815

Reconciliation: minor difference of 291 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

John Hoke III

Started reporting during the period; starting holdings are from the Form 3.

Director

no sales

Vesting, gifts, unvested awards and holding lines for John Hoke III

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Started reporting during the period; starting holdings are from the Form 3.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	0	1,956
Spouse	Common Stock	50	50

Stephen Bratspies

Director

1.8K

no sales

Vesting, gifts, unvested awards and holding lines for Stephen Bratspies

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	0	1,791

Grant McGee

Executive Officer

19K

no sales

Vesting, gifts, unvested awards and holding lines for Grant McGee

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	0	19,409

Joseph DePinto

Director

no sales

Vesting, gifts, unvested awards and holding lines for Joseph DePinto

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	0	1,007

Mark Weinstein

Executive Officer

26K

no sales

Vesting, gifts, unvested awards and holding lines for Mark Weinstein

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	0	25,929

19 of 27 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (8 exactly, 11 with a minor or footnoted difference). For 8 we show sales but not holdings; the ! icon on their rows explains why. Percentages cover 15 of 27 officers and directors. Left out: Brian Cornell, Michael Fiddelke, James Lee, Melissa Kremer, Cara Sylvester, Pratabkumar Vemana, Lisa Roath and Matthew Liegel (holdings couldn't be fully reconciled); Stephen Bratspies, Grant McGee, Joseph DePinto and Mark Weinstein (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$26.0M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $26.0M across 185,479 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $26.0M

Sales with no 10b5-1 plan and no tax reference in the filing. $20.8M of it is Brian Cornell. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Brian Cornell, Aug 25, 2026

Taxes

60,393 shares ($7.5M) were withheld by the company for taxes, which isn't a market sale.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
Brian Cornell Executive Officer, Director	150K	$20.8M	0%	80%	Mar 10, 2026 to Aug 25, 2026
Melissa Kremer Executive Officer	16K	$2.6M	0%	10%	Aug 24, 2026 to Aug 24, 2026
Cara Sylvester Executive Officer	10K	$1.3M	0%	5%	May 29, 2026 to May 29, 2026
Lisa Roath Executive Officer	7K	$966K	0%	4%	Jun 29, 2026 to Jun 29, 2026
Matthew Liegel Chief Accounting Officer	3K	$392K	0%	2%	Mar 17, 2026 to Aug 21, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$0	$0	$0	$0
Dec 2025	$0	$0	$0	$0
Jan 2026	$0	$0	$0	$0
Feb 2026	$0	$0	$0	$0
Mar 2026	$6.3M	$0	$0	$6.3M
Apr 2026	$0	$0	$0	$0
May 2026	$7.8M	$0	$0	$7.8M
Jun 2026	$966K	$0	$0	$966K
Jul 2026	$0	$0	$0	$0
Aug 2026	$11.0M	$0	$0	$11.0M
Sep 2026	$0	$0	$0	$0
Oct 2026	$0	$0	$0	$0

Is this normal? Selling year by year5 earlier years to compare with

In line with the past 5 years. 5 insiders sold; the average is 8 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 8, 2026 Latest 12 months	185K	5	$26.0M
Oct 8, 2025 1 year earlier	92K	2	$9.7M
Oct 8, 2024 2 years earlier	215K	9	$34.1M
Oct 9, 2023 3 years earlier	103K	4	$15.3M
Oct 9, 2022 4 years earlier	293K	12	$60.9M
Oct 9, 2021 5 years earlier	315K	12	$67.8M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty8 insiders whose holdings couldn't be fully reconciled

Brian Cornell: holdings couldn't be fully reconciled (difference of 6,348 shares). Balance changed with no matching transaction and no footnote: -46,817 shares on May 27, 2026 (Direct). Filing, May 27, 2026

Michael Fiddelke: holdings couldn't be fully reconciled (difference of 1,542 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +1,542 shares on Mar 11, 2026 (Direct). Filing, Mar 11, 2026

Footnote: "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. | 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."

James Lee: holdings couldn't be fully reconciled (difference of 2,340 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +1,333 shares on Sep 30, 2026 (Direct). Filing, Sep 30, 2026

Footnote: "Withholding of stock to satisfy tax withholding obligation on vesting of an award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan that was previously reported by the reporting person on October 2, 2024. | Includes dividend equivalents paid on restricted stock units and 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 restricted stock units and performance-based restricted stock units."

Melissa Kremer: holdings couldn't be fully reconciled (difference of 1,070 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +734 shares on Mar 11, 2026 (Direct). Filing, Mar 11, 2026

Footnote: "Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan. | 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."

Cara Sylvester: holdings couldn't be fully reconciled (difference of 667 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +667 shares on Mar 11, 2026 (Direct). Filing, Mar 11, 2026

Footnote: "Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan. | 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."

Pratabkumar Vemana: holdings couldn't be fully reconciled (difference of 715 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +397 shares on Oct 31, 2025 (Direct). Filing, Oct 31, 2025

Footnote: "Withholding of stock to satisfy tax withholding obligation on vesting of an award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan that was previously reported by the reporting person on Form 3 filed May 30, 2025. | Includes dividend equivalents paid on restricted stock units and 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 restricted stock units and performance-based restricted stock units."

Lisa Roath: holdings couldn't be fully reconciled (difference of 406 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +301 shares on Jun 29, 2026 (Direct). Filing, Jun 29, 2026

Footnote: "Includes dividend equivalents paid on restricted stock units and 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 restricted stock units and performance-based restricted stock units."

Matthew Liegel: holdings couldn't be fully reconciled (difference of 969 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +447.1572 shares on Mar 17, 2026 (Direct). Filing, Mar 17, 2026

Footnote: "Deferred compensation units are held under the Target Corporation Executive Deferred Compensation Plan (the "Plan"). Under the terms of the Plan, participants' deferred compensation balances are indexed to various crediting rate alternatives, as chosen by them. The units reported relate to the Target common stock crediting rate alternative, and each unit is the economic equivalent of one share of Target common stock. The value of such units increases or decreases daily in accordance with an equivalent investment in the Target Stock Fund in the corporation's 401(k) plan. Participants are genera"

Douglas Baker Jr.: minor difference of 1,790 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Donald Knauss: minor difference of 1,672 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Robert Edwards: minor difference of 1,085 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Monica Lozano: minor difference of 984 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

George Barrett: minor difference of 948 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Dmitri Stockton: minor difference of 913 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Derica Rice: minor difference of 557 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Christine Leahy: minor difference of 515 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Gail Boudreaux: minor difference of 443 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Grace Whiteford: minor difference of 297 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

David Abney: minor difference of 291 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Inferred rename: "Owned by spouse" is treated as the same holder as "Spouse", because the old name was never reported again and the new one opened with the same balance (28 shares). Old name, new name

Inferred typo: the share class "Common Stock, $.0833 per share" is treated as the same class as "Common Stock, .0833 per share" on 1 holding line, because the two spellings are nearly identical and each balance carried over exactly. Example (Diane Neal, 8,505 shares): old title, new title

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,574 filings from SEC EDGAR, and how we read them

All 1,574 Forms 3, 4 and 5 filed for Target Corp (SEC CIK 27419) from Jun 3, 2003 to Oct 2, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (61)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Matthew Zabel	Mar 14, 2025	15,154 shares, last reported balance as of Mar 12, 2025
Amy Tu	Mar 14, 2025	40,847 shares, last reported balance as of Mar 12, 2025
Don Liu	Aug 23, 2024	31,216 shares, last reported balance as of Aug 22, 2024
Laysha Ward	Apr 6, 2023	149,520 shares, last reported balance as of Apr 4, 2023
John Mulligan	Apr 6, 2023	135,306 shares, last reported balance as of Apr 4, 2023
Melanie Healey	Mar 10, 2023	17,262 shares, last reported balance as of Mar 8, 2023
Jill Sando	Apr 22, 2022	32,312 shares, last reported balance as of Apr 20, 2022
Michael McNamara	Apr 7, 2022	148,053 shares, last reported balance as of Apr 5, 2022
Mark Schindele	Apr 7, 2022	21,342 shares, last reported balance as of Apr 5, 2022
Robert Harrison	Mar 17, 2022	4,109 shares, last reported balance as of Mar 16, 2022
Mary Minnick	Mar 10, 2022	87,774 shares, last reported balance as of Mar 9, 2022
Calvin Darden	Mar 11, 2021	43,419 shares, last reported balance as of Mar 10, 2021
Kenneth Salazar	Mar 11, 2021	21,308 shares, last reported balance as of Mar 10, 2021
Stephanie Lundquist	Jan 19, 2021	58,514 shares, last reported balance as of Jan 14, 2021
Roxanne Austin	Jun 4, 2020	38,583 shares, last reported balance as of Jun 4, 2020
Henrique De Castro	Mar 13, 2020	23,748 shares, last reported balance as of Mar 11, 2020
Minsok Pak	Sep 12, 2019	17,347 shares, last reported balance as of Sep 11, 2019
Mark Tritton	Aug 28, 2019	20,986 shares, last reported balance as of Aug 26, 2019
Cathy Smith	Aug 26, 2019	23,645 shares, last reported balance as of Aug 23, 2019
Janna Potts	Aug 26, 2019	27,708 shares, last reported balance as of Aug 22, 2019
Hourigan Jacqueline	Sep 18, 2017	12,518 shares, last reported balance as of Sep 15, 2017
Carl Casey	Apr 12, 2017	32,813 shares, last reported balance as of Apr 10, 2017
Anne Mulcahy	Jan 13, 2017	54,930 shares, last reported balance as of Jan 11, 2017
Jason Goldberger	Aug 15, 2016	13,799 shares, last reported balance as of Aug 12, 2016
Timothy Baer	Mar 18, 2016	43,514 shares, last reported balance as of Mar 16, 2016
Jodee Kozlak	Jan 15, 2016	45,968 shares, last reported balance as of Jan 13, 2016
John Stumpf	Jan 15, 2016	13,911 shares, last reported balance as of Jan 13, 2016
Jeffrey Jones II	Jan 15, 2016	35,346 shares, last reported balance as of Jan 13, 2016
Kathryn Tesija	Mar 30, 2015	63,010 shares, last reported balance as of Mar 27, 2015
Tina Tyler	Mar 30, 2015	41,741 shares, last reported balance as of Mar 26, 2015
James Johnson	Mar 6, 2015	41,352 shares, last reported balance as of Mar 5, 2015
Robert Derodes	Feb 4, 2015	13,258 shares, last reported balance as of Feb 2, 2015
Gregg Steinhafel	Mar 14, 2014	1,424,564 shares, last reported balance as of Mar 12, 2014
John Griffith	Mar 14, 2014	95,837 shares, last reported balance as of Mar 12, 2014
Anthony Fisher	Mar 14, 2014	40,502 shares, last reported balance as of Mar 12, 2014
Beth Jacob	Jan 15, 2014	49,390 shares, last reported balance as of Jan 13, 2014
Solomon Trujillo	Jan 10, 2014	105,809 shares, last reported balance as of Jan 8, 2014
Terrence Scully	Mar 15, 2013	99,136 shares, last reported balance as of Mar 13, 2013
Stephen Sanger	Jan 11, 2013	91,754 shares, last reported balance as of Jan 9, 2013
Mary Dillon	Jan 11, 2013	33,647 shares, last reported balance as of Jan 9, 2013
Douglas Scovanner	Mar 16, 2012	243,780 shares, last reported balance as of Mar 14, 2012
Michael Francis	Jan 14, 2011	127,844 shares, last reported balance as of Jan 12, 2011
Richard Kovacevich	Dec 28, 2010	157,099 shares, last reported balance as of Dec 23, 2010
Troy Risch	Jul 27, 2010	46,464 shares, last reported balance as of Jul 23, 2010
George Tamke	Jan 15, 2010	26,150 shares, last reported balance as of Jan 13, 2010
Robert Ulrich	Dec 29, 2008	2,075,221 shares, last reported balance as of Dec 26, 2008
Janet Schalk	Jan 11, 2008	22,933 shares, last reported balance as of Jan 9, 2008
Warren Staley	Jan 12, 2007	6,637 shares, last reported balance as of Jan 10, 2007
Todd Blackwell	Jan 13, 2006	156 shares, last reported balance as of Jan 11, 2006
Gerald Storch	Oct 17, 2005	40,498 shares, last reported balance as of Oct 15, 2005
Bart Butzer	Jul 19, 2005	74,273 shares, last reported balance as of Jul 18, 2005
Michele Hooper	Jul 14, 2005	17,238 shares, last reported balance as of Jul 13, 2005
Paul Singer	Jul 11, 2005	18,830 shares, last reported balance as of Jul 8, 2005
William George	Jan 14, 2005	116,471 shares, last reported balance as of Jan 12, 2005
Elizabeth Hoffman	Jan 14, 2005	2,378 shares, last reported balance as of Jan 12, 2005
Roger Enrico	Jan 14, 2005	12,753 shares, last reported balance as of Jan 12, 2005
Diane Neal	Sep 2, 2004	20,662 shares, last reported balance as of Sep 2, 2004
Luis Padilla	Aug 5, 2004	25,928 shares, last reported balance as of Jul 31, 2004
Linda Ahlers	Aug 5, 2004	129,247 shares, last reported balance as of Jul 31, 2004
Ertugrul Tuzcu	Aug 5, 2004	12,376 shares, last reported balance as of Jul 31, 2004
James Hale	Mar 12, 2004	169,961 shares, last reported balance as of Feb 26, 2004

Target Corp insiders sold $26.0M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Common questions

Why are Target Corp insiders selling?

Are any Target Corp insiders buying?

The evidence

No plan disclosed · $26.0M

Taxes

Sales by month