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TGT 8-K: Board change

Filed with the SEC on · accession 0000027419-26-000049

TGT filed a 8-K (current report) with the SEC on Nov 12, 2026. Target Corporation elected Sally Grimes as a new director effective December 1, 2026, and appointed her to the Audit & Risk Committee and the Infrastructure & Finance Committee. The stock moved -0.5% by the first close after the filing.

Summary of the filing

Target Corporation elected Sally Grimes as a new director effective December 1, 2026, and appointed her to the Audit & Risk Committee and the Infrastructure & Finance Committee. Ms. Grimes is the former CEO of Diageo North America and Clif Bar & Company.

For details, click here →How to read a 8-K →

Key details

RegistrantTarget Corporation
Former employer of new director sally grimesDiageo plc
Former employer of new director sally grimesClif Bar & Company
Former employer of new director sally grimesTyson Foods, Inc.
Former board affiliation of new director sally grimesBeyond Meat, Inc.
DirectorSally Grimes
Executive vice president and chief legal and compliance officerGrant B. McGee

How TGT stock reacted

Close before

$162.70

Nov 11, 2026

First close after

-0.48%

$161.92

5 trading days

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Since filing

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Frequently asked questions

What did TGT file with the SEC on Nov 12, 2026?

TGT filed a 8-K (Board change). Target Corporation elected Sally Grimes as a new director effective December 1, 2026, and appointed her to the Audit & Risk Committee and the Infrastructure & Finance Committee. Ms. Grimes is the former CEO of Diageo North America and Clif Bar & Company.

What does a board change mean for TGT stock?

Not always. A planned retirement with a successor is usually calm; a sudden departure “effective immediately”, especially of a CFO or near results, often worries investors.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did TGT stock react to this filing?

TGT closed at $162.70 before the filing and $161.92 on Nov 12, 2026 (-0.48%).

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