TANGER STEVEN B sold SKT

January 1, 2024 · Form 4 insider transaction

TANGER STEVEN B sold 82,495 shares of Tanger Inc. at $27.72 per share, a transaction worth $2.29M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Disposed (sell-side)
Shares
82,495
Price
$27.72
Total value
$2.29M
Role
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateJanuary 1, 2024
Filing dateJanuary 3, 2024
Shares owned after819,488
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

The Reporting Person's employment as Executive Chair ended 1/1/24, after which time he transitioned to the role Non-Executive Chair.; This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.; Number of shares of common stock beneficially owned following reported transactions does not include 2,879,797 Limited Partnership Units that are exchangeable into shares of Tanger Inc. held by Tango 7 LLC and considered indirectly beneficially owned by the Reporting Person.

View the original Form 4 on SEC EDGAR