# EDGAR Filing Document

**Accession Number:** 0000027419
**File Stem:** 0000027419-25-000110
**Filing Date:** 2025-6
**Character Count:** 7540
**Document Hash:** 38dfb6f3deea05afb977ffd74b82cca2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000027419-25-000110.hdr.sgml**: 20250613

**ACCESSION NUMBER**: 0000027419-25-000110

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20250611

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**FILED AS OF DATE**: 20250613

**DATE AS OF CHANGE**: 20250613

**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:** 251046769

**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

?xml version='1.0' encoding='ASCII'? tgt-20250611

**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): **June 11, 2025** 

**Target Corporation** 

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Minnesota** | **1-6049** | **41-0215170** |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |

---

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| | | | |
|:---|:---|:---|:---|
| **1000 Nicollet Mall,** | **Minneapolis,** | **Minnesota** | **55403** |
| (Address of principal executive offices) | (Address of principal executive offices) | (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:

☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 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:

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| | | |
|:---|:---|:---|
| 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** |

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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).

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. □

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**Item 5.07&nbsp;&nbsp;&nbsp;&nbsp;<u>Submission of Matters to a Vote of Security Holders</u>.**

On June 11, 2025, Target Corporation (the "Company") held its 2025 Annual Meeting of Shareholders (the "Annual Meeting"). At the Annual Meeting, the Company's shareholders voted on the four proposals described below.

The final voting results, including the votes used to determine the results for each proposal under the applicable approval standard (as indicated by the borders), are set forth below.

1. The shareholders elected twelve nominees as directors for a one-year term:

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | <u>For</u> | <u>For</u> | <u>Against</u> | <u>Against</u> | | <u>Broker</u> |
| <u>Nominee</u> | <u>Shares</u> | <u>%</u> | <u>Shares</u> | <u>%</u> | <u>Abstain</u> | <u>Non-Votes</u> |
| David P. Abney | 324236477 | 99.3 | 2445557 | 0.7 | 3232183 | 61295138 |
| Douglas M. Baker, Jr. | 316917684 | 97.0 | 9766423 | 3.0 | 3230110 | 61295138 |
| George S. Barrett | 316171613 | 96.8 | 10554905 | 3.2 | 3187699 | 61295138 |
| Gail K. Boudreaux | 324064138 | 99.2 | 2656437 | 0.8 | 3193642 | 61295138 |
| Brian C. Cornell | 296138654 | 91.0 | 29409732 | 9.0 | 4365831 | 61295138 |
| Robert L. Edwards | 323495310 | 99.0 | 3223142 | 1.0 | 3195765 | 61295138 |
| Donald R. Knauss | 322806791 | 98.8 | 3854478 | 1.2 | 3252948 | 61295138 |
| Christine A. Leahy | 314634737 | 96.4 | 11901521 | 3.6 | 3377959 | 61295138 |
| Monica C. Lozano | 314455361 | 96.3 | 12095477 | 3.7 | 3363379 | 61295138 |
| Grace Puma | 324797771 | 99.4 | 1938997 | 0.6 | 3177449 | 61295138 |
| Derica W. Rice | 314566337 | 96.3 | 12123757 | 3.7 | 3224123 | 61295138 |
| Dmitri L. Stockton | 311640215 | 95.5 | 14849612 | 4.5 | 3424390 | 61295138 |

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2. The shareholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for fiscal 2025:

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| | | |
|:---|:---|:---|
| For: | Shares | 365039029 |
|  | % | 93.3 |
| Against: | Shares | 24995761 |
|  | % | 6.4 |
| Abstain: | Shares | 1174565 |
|  | % | 0.3 |

---

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3. The shareholders approved, on an advisory basis, the Company's executive compensation:

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| | | |
|:---|:---|:---|
| For: | Shares | 302870549 |
|  | % | 92.2 |
| Against: | Shares | 25596441 |
|  | % | 7.8 |
| Abstain: | Shares | 1447227 |
| Broker Non-Votes: | Shares | 61295138 |

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4. The shareholders did not approve a shareholder proposal requesting a report on how affirmative action initiatives impact Target's risks related to actual and perceived discrimination:

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| | | |
|:---|:---|:---|
| For: | Shares | 23337004 |
|  | % | 7.1 |
| Against: | Shares | 302031470 |
|  | % | 91.5 |
| Abstain: | Shares | 4545743 |
|  | % | 1.4 |
| Broker Non-Votes: | Shares | 61295138 |

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For purposes of determining the level of support needed for a shareholder to be eligible to resubmit a shareholder proposal in a following year under Rule 14a-8 under the Securities Exchange Act of 1934, as amended, the Securities and Exchange Commission uses a simple majority standard that compares votes cast "For" to votes cast "Against" an item (which gives abstentions "No effect"). Under that simple majority standard, Item 4 received support of 7.2%.

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**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.

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| | |
|:---|:---|
| | TARGET CORPORATION |
| Date: June 13, 2025 | /s/ David L. Donlin |
| | Name: David L. Donlin |
| | Title: Vice President, Corporate Secretary and Interim General Counsel |

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