Target Corp 8-K/A, filed Nov 8, 2023
Target Corp (TGT)
8-K/A
2023-11-08
For: 2023-10-11
View Original
Added on
April 12, 2026
About this 8-K/A
Target Corp filed this 8-K/A on November 8, 2023, reporting on events of October 11, 2023.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 11, 2023
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| (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:
Securities registered pursuant to Section 12(b) of the Act:
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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).
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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.
This Form 8-K/A amends the Form 8-K filed by Target Corporation (“Target”) on October 17, 2023, which reported the intention of John J. Mulligan, Executive Vice President and Chief Operating Officer, to retire from Target. On November 8, 2023, Target and Mr. Mulligan entered into an agreement (the “Transition Agreement”) providing that Mr. Mulligan will be employed by Target as a non-executive officer in a strategic advisor role, commencing February 3, 2024 (or a later date as mutually agreed) and ending February 1, 2025. Throughout the term of the Transition Agreement, Mr. Mulligan will continue to receive the rate of base salary currently in effect and the same target bonus opportunity as members of Target’s leadership team.
The foregoing description of the Transition Agreement is qualified in its entirety by reference to the full text of the Transition Agreement, a copy of which will be filed as an exhibit to Target’s Annual Report on Form 10-K for the fiscal year ending February 3, 2024.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TARGET CORPORATION | ||||||||
| Date: November 8, 2023 | By: | /s/ Don H. Liu | ||||||
| Name: Don H. Liu | ||||||||
| Title: Executive Vice President and Chief Legal & Compliance Officer | ||||||||