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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 12, 2024

Target Corporation
(Exact name of registrant as specified in its charter)
Minnesota 1-6049 41-0215170
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

1000 Nicollet Mall,Minneapolis,Minnesota

55403
(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:

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

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

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

☐            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:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.0833 per shareTGTNew York Stock Exchange

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. o 



Item 5.07    Submission of Matters to a Vote of Security Holders.

On June 12, 2024, Target Corporation (the “Company”) held its 2024 Annual Meeting of Shareholders (the “Annual Meeting”). At the Annual Meeting, the Company's shareholders voted on the eight 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. Voting percentages may not foot due to rounding.

1.The shareholders elected twelve nominees as directors for a one-year term:
ForAgainstBroker
NomineeShares%Shares%AbstainNon-Votes
David P. Abney
347,099,87499.32,608,1090.7970,30255,699,659
Douglas M. Baker, Jr.333,414,56195.416,235,9984.61,027,72655,699,659
George S. Barrett336,202,92796.213,445,2843.81,030,07455,699,659
Gail K. Boudreaux
347,070,69099.22,692,4100.8915,18555,699,659
Brian C. Cornell330,992,22794.917,699,0615.11,986,99755,699,659
Robert L. Edwards346,558,11199.22,690,5090.81,429,66555,699,659
Donald R. Knauss344,187,62298.45,463,1301.61,027,53355,699,659
Christine A. Leahy341,944,65297.87,847,0202.2886,61355,699,659
Monica C. Lozano337,164,60096.412,614,2923.6899,39355,699,659
Grace Puma347,429,03799.32,349,5860.7899,66255,699,659
Derica W. Rice340,314,72397.39,428,1592.7935,40355,699,659
Dmitri L. Stockton338,028,34296.711,611,0623.31,038,88155,699,659

2.The shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal 2024:

For:Shares386,053,574 
%95.0 
Against:Shares19,604,498 
%4.8 
Abstain:Shares719,872 
%0.2 



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

For:Shares325,721,995 
%93.2 
Against:Shares23,615,290 
%6.8 
Abstain:Shares1,341,000 
Broker Non-Votes:Shares55,699,659 

4.The shareholders did not approve a shareholder proposal to adopt a policy for an independent board chair:

For:Shares101,637,827 
%29.0 
Against:Shares245,215,111 
%69.9 
Abstain:Shares3,825,347 
%1.1 
Broker Non-Votes:Shares55,699,659 

5.The shareholders did not approve a shareholder proposal requesting animal pain management reporting:

For:Shares32,758,740 
%9.3 
Against:Shares309,163,712 
%88.2 
Abstain:Shares8,755,833 
%2.5 
Broker Non-Votes:Shares55,699,659 

6.The shareholders did not approve a shareholder proposal to establish wage policies:

For:Shares44,349,738 
%12.6 
Against:Shares297,788,016 
%84.9 
Abstain:Shares8,540,531 
%2.4 
Broker Non-Votes:Shares55,699,659 

7.The shareholders did not approve a shareholder proposal requesting a political contributions congruency analysis:

For:Shares50,556,534 
%14.4 
Against:Shares292,294,694 
%83.4 
Abstain:Shares7,827,057 
%2.2 
Broker Non-Votes:Shares55,699,659 




8.The shareholders did not approve a shareholder proposal requesting a report on the Company's partnerships with, charitable contributions to, and other support for certain organizations:

For:Shares7,593,066 
%2.2 
Against:Shares335,334,741 
%95.6 
Abstain:Shares7,750,478 
%2.2 
Broker Non-Votes:Shares55,699,659 

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 29.3%, Item 5 received support of 9.6%, Item 6 received support of 13.0%, Item 7 received support of 14.7%, and Item 8 received support of 2.2%.



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: June 14, 2024/s/ Don H. Liu
 Name: Don H. Liu
 Title: Executive Vice President and Chief Legal & Compliance Officer


v3.24.1.1.u2
Document and Entity Information Document and Entity Information
Jun. 12, 2024
Cover Page [Abstract]  
Document Type 8-K
Document Period End Date Jun. 12, 2024
Entity Registrant Name Target Corporation
Entity Central Index Key 0000027419
Amendment Flag false
Entity Incorporation, State or Country Code MN
Entity File Number 1-6049
Entity Tax Identification Number 41-0215170
Entity Address, Address Line One 1000 Nicollet Mall,
Entity Address, City or Town Minneapolis,
Entity Address, State or Province MN
Entity Address, Postal Zip Code 55403
City Area Code (612)
Local Phone Number 304-6073
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock, par value $0.0833 per share
Trading Symbol TGT
Security Exchange Name NYSE
Entity Emerging Growth Company false
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