March 17, 2025 · Form 4 insider transaction
Bilerman Michael J sold 6,310 shares of Tanger Inc. at $31.95 per share, a transaction worth $201.6K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day 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 March 17, 2025, 11,409 restricted shares vested, with 6,310 shares withheld to cover tax withholding liability.