Target Executive Chair Brian Cornell Sells 50,000 Shares for $8.2 Million -- Should Investors Be Concerned?
Cornell disposed of 15% of his equity stake via trust following a 68% one-year stock rally, leaving him with ~279,000 shares across direct and indirect holdings.
Overview
Editor’s note: This article has been corrected. Michael Fiddelke is CEO of Target. Brian Cornell is former CEO and current executive chair.
Brian C. Cornell, former CEO and current executive chair of Target Corporation (NYSE:TGT), reported a sale of 50,000 shares of common stock on Aug. 25, 2026. SEC Form 4 filing
Details
Transaction value based on SEC Form 4 weighted average sale price ($163.56); post-transaction value based on Aug. 25, 2026, market close ($163.47).
Source
Originally published at www.fool.com.
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