Target Corporation Executive Officer Pratabkumar Vemana filed a statement of changes in beneficial ownership on November 3, 2026, disclosing a tax-withholding disposition of common stock dated October 31, 2026.

Key Highlights

  • Reporting person: Pratabkumar Vemana, Executive Officer of Target Corporation (NYSE:TGT)
  • Transaction date: October 31, 2026
  • Shares disposed: 1,131 shares of Target common stock, coded "F" (tax withholding on vesting)
  • Price per share: $157.15
  • Post-transaction holdings: 50,043 shares of common stock held directly
  • Plan basis: Disposition arose from vesting of restricted stock units granted under the Target Corporation 2020 Long-Term Incentive Plan

Tax Withholding Transaction and Beneficial Ownership at Target

According to the filing, Pratabkumar Vemana, identified as an Executive Officer of Target Corporation, disposed of 1,131 shares of Target common stock on October 31, 2026, at a price of $157.15 per share. The transaction code "F" indicates the shares were withheld by the company to satisfy tax withholding obligations arising from the vesting of a restricted stock unit award, rather than a voluntary open-market sale. The filing states that the award was previously reported on a Form 3 filed May 30, 2025, and was granted under the Target Corporation 2020 Long-Term Incentive Plan.

Target Corporation operates as a large-format general merchandise retailer, selling a wide range of products including apparel, home goods, electronics, food and beverage, and essentials through its store network and digital channels across the United States. Following the reported disposition, Vemana's direct beneficial ownership in Target common stock stood at 50,043 shares, according to the filing. The filing also notes that this total includes dividend equivalents paid on restricted stock units and performance-based restricted stock units since the date of the reporting person's last filing, which have been reinvested in additional restricted stock units and performance-based restricted stock units through the transaction date. The filing was signed by Miranda S. Hirner as Attorney-in-Fact on November 3, 2026.

What Was Disclosed

The filing disclosed a single disposition of 1,131 shares of Target Corporation common stock by Executive Officer Pratabkumar Vemana on October 31, 2026, at $157.15 per share, executed solely to cover tax obligations on a vesting restricted stock unit award, leaving a direct holding of 50,043 shares.