Target CEO Brian Cornell Sells $8.2 Million Worth of Shares
On August 25, 2026, Target Corporation CEO Brian Cornell sold 50,000 shares for approximately $8.2 million at a weighted average price of $163.56 per share. The transaction was reported via an SEC Form 4 filing and represented about 15% of his total equity holdings prior to the sale. Following this indirect sale through trusts or other accounts, Cornell retained around 135,000 shares directly held and approximately 144,000 indirectly. The stock closed at $163.47 on that day but rose slightly in subsequent trading sessions. Over the past year leading up to the transaction date, Target's stock had delivered a total return of about 68%, indicating strong performance. Analysts suggest this sale likely reflects pre-scheduled trading plans rather than signaling concern over future prospects for the company or its shares.
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