---
schema_version: "secwatch.filing_event.v1"
accession: "0000027419-23-000005"
form_type: "8-K"
ticker: "TGT"
cik: "0000027419"
company_name: "TARGET CORP"
filed_at: "2023-01-12T23:59:59+00:00"
generated_at: "2026-06-20T16:14:26.547101+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Target amends bylaws to comply with SEC universal proxy rules, adds lead director requirement

## Summary
- Board adopted amended and restated bylaws effective Jan 11, 2023.
- Amendments incorporate SEC universal proxy rules, including nomination void if rules violated.
- Requires lead independent director if Board chair is also CEO.
- Updated procedural mechanics for shareholder meetings and adjournment.
- Other conforming and non-substantive changes made.

## SEC filing metadata
- accession: 0000027419-23-000005
- form_type: 8-K
- ticker: TGT
- cik: 0000027419
- company_name: TARGET CORP
- filed_at: 2023-01-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27419/000002741923000005/0000027419-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27419/000002741923000005/tgt-20230111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000027419-23-000005
- JSON: https://secwatch.observer/filing/0000027419-23-000005.json
- Plain text: https://secwatch.observer/filing/0000027419-23-000005.txt

## Key facts
- Governance Changes
  TARGET CORP: Amended and restated Bylaws to adopt universal proxy rules and make other updates, effective immediately (effective 2023-01-11).
  - Change: bylaw amendment
  - Effective: 2023-01-11
  source text: On January 11, 2023, in connection with the universal proxy rules adopted by the U.S. Securities and Exchange Commission and related requirements (the “Universal Proxy Rules”) and a periodic review of the Bylaws of Target Corporation (“Target”), the Board of Directors (the “Board”) of Target amended and restated Target’s Bylaws (the “Amended and Restated Bylaws”), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/27419/000002741923000005/0000027419-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.