Target CEO Steinhafel nets $6.2 million in stock sale
Target Corp. CEO Gregg Steinhafel made a tidy little sum, almost $6.2 million, last week when he exercised his option to buy 200,000 shares of Target stock at $33.80 per share and sell them for $64.57 per share, according to documents filed with the U.S. Securities and Exchange Commission, the Business Journal reports. Steinhafel was exercising shares granted him in 2009, when the stock price was $33.80.
Target Corp. CEO Gregg Steinhafel made a tidy little sum, almost $6.2 million, last week when he exercised his option to buy 200,000 shares of Target stock at $33.80 per share and sell them for $64.57 per share, according to documents filed with the U.S. Securities and Exchange Commission, the Business Journal reports. Steinhafel was exercising shares granted him in 2009, when the stock price was $33.80.
