Target CEO Brian Cornell Sells $8.2 Million Worth of Shares
On August 25, 2026, Target Corporation (NYSE: TGT) CEO Brian C. Cornell sold 50,000 shares for approximately $8.2 million at an average price of $163.56 per share. The transaction was reported via a SEC Form 4 filing and is part of his broader equity holdings, which totaled around $45.53 million post-transaction. The sale represented about 15% of Cornell’s pre-trade stock position and reduced his total shares from approximately 329,000 to roughly 279,000 (split between direct and indirect ownership). The execution price was slightly above the market close on that day. Target's share price closed at $164.01 a day later. While insider selling can raise concerns among investors, this transaction appears consistent with Cornell’s pre-scheduled trading plan rather than an indication of negative sentiment toward the company or its stock.
Tickers: $TGT
Topics: CEO activity SEC filings share sales