A target impact operative arrowhead mountable at an end of an arrow shaft is disclosed that includes an arrowhead body and blade actuator axially and rotationally movable relative to one another. The arrowhead body has blades pivotably mounted thereon, each of the blades having an actuation contact surface along an edge thereof, and the actuator has a blade contacting end. A spring ring retains assembly of the body and actuator, one of the arrowhead body and the actuator having an annular retention seat for mounting of the spring ring and the other of the arrowhead body and the actuator having an annular guide groove for receipt of the spring ring therealong thus accommodating relative axial travel of the spring ring.