Short answer
Target Corporation (TGT) filed an 8-K current report with the SEC on June 12, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 5.07 (Submission of Matters to a Vote of Security Holders). Shareholders approved the amended 2020 Long-Term Incentive Plan at Target’s June 10, 2026 annual meeting.
Target Corporation 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Shareholders approved the amended 2020 Long-Term Incentive Plan at Target’s June 10, 2026 annual meeting
- Plan restatement governs future equity-based compensation and may affect dilution and executive incentive alignment
- Full amended plan terms in Exhibit 10.27
Item 5.07 · Submission of Matters to a Vote of Security Holders
- All 12 director nominees reelected for one-year terms; support ranged from 87.2% to 99.1%
- Ernst & Young ratified as fiscal 2026 auditor with 93.5% shareholder support
- Executive compensation approved advisorially with 89.0% support, indicating broad pay-plan alignment
- Amended 2020 Long-Term Incentive Plan approved with 95.0% support, preserving equity-compensation flexibility
- Shareholder proposals on independent board chair, pesticide reporting, and microfiber reduction defeated with 61.4%, 81.6%, and 80.3% opposition
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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