Target Corp Announces Board Changes and Compensation Updates

Ticker: TGT · Form: 8-K · Filed: 2025-05-21T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-compensation, board-changes

Related Tickers: TGT

TL;DR

Target's board is shuffling, and exec pay plans are changing.

AI Summary

On May 20, 2025, Target Corporation filed an 8-K report detailing the departure of a director, the election of new directors, and updates to executive compensation arrangements. The filing indicates changes in the company's board and potential adjustments to how its officers are compensated.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing reports routine corporate governance changes and compensation adjustments, which typically carry low immediate risk.

Key Players & Entities

FAQ

What specific items are being reported in this 8-K filing?

This 8-K filing reports on the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.

When was the earliest event reported in this filing?

The earliest event reported in this filing occurred on May 20, 2025.

What is Target Corporation's state of incorporation?

Target Corporation is incorporated in Minnesota.

What is the IRS Employer Identification Number for Target Corporation?

The IRS Employer Identification Number for Target Corporation is 41-0215170.

What is the principal executive office address for Target Corporation?

The principal executive office address for Target Corporation is 1000 Nicollet Mall, Minneapolis, Minnesota 55403.

From the Filing

0000027419-25-000094.txt : 20250521 0000027419-25-000094.hdr.sgml : 20250521 20250521063820 ACCESSION NUMBER: 0000027419-25-000094 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250520 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250521 DATE AS OF CHANGE: 20250521 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TARGET CORP CENTRAL INDEX KEY: 0000027419 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] ORGANIZATION NAME: 07 Trade & Services EIN: 410215170 STATE OF INCORPORATION: MN FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06049 FILM NUMBER: 25970847 BUSINESS ADDRESS: STREET 1: 1000 NICOLLET MALL CITY: MINNEAPOLIS STATE: MN ZIP: 55403 BUSINESS PHONE: 6123046073 MAIL ADDRESS: STREET 1: 1000 NICOLLET MALL CITY: MINNEAPOLIS STATE: MN ZIP: 55403 FORMER COMPANY: FORMER CONFORMED NAME: DAYTON HUDSON CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: DAYTON CORP DATE OF NAME CHANGE: 19690728 8-K 1 tgt-20250520.htm 8-K tgt-20250520 0000027419 false 0000027419 2025-05-20 2025-05-20 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM  8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 20, 2025 Target Corporation (Exact name of registrant as specified in its charter) Minnesota   1-6049   41-0215170 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 1000 Nicollet Mall, Minneapolis, Minnesota 55403 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (612) 304-6073 Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐             Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐             Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐             Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐             Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.0833 per share TGT New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company   ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02             Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers .   On May 21, 2025, Target Corporation (“Target”) announced that Christina Hennington, Executive Vice President and Chief Strategy and Growth Officer, will step down f

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