February 18, 2025 · Form 4 insider transaction
Bilerman Michael J sold 4,492 shares of Tanger Inc. at $34.25 per share, a transaction worth $153.9K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person. On February 18, 2025, 7,967 restricted shares vested, with 4,492 shares withheld to cover tax withholding liability.