Target shareholders approve equity plan, elect all directors; CEO Cornell draws 12.8% opposition

Filed June 12, 2026 · Period ending June 10, 2026 · ~1 min read

Key Changes

• medium

  CEO Brian Cornell re-elected with 87.2% support, the lowest among 12 directors; 12.8% opposition reflects some shareholder concern though still a comfortable majority.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
• medium

  Shareholders approved Amended and Restated 2020 Long-Term Incentive Plan with 95.0% support, authorizing continued equity compensation for executives and employees.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• medium

  Say-on-pay passed with 89.0% support; 11.0% opposition is within normal range for executive compensation votes at large retailers.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →