STOCK TITAN

Executive at Tanger (NYSE: SKT) gets stock award and withholds shares for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Tanger Inc. senior vice president and chief accounting officer Thomas Joseph Guerrieri Jr. reported two stock-related transactions. On February 13, 2026, he acquired 4,092 common shares as a restricted stock grant under the company’s incentive plan, at no cash cost. These restricted shares vest in three equal installments each February 15 over the next three years, with potential accelerated vesting in certain cases.

On February 17, 2026, 3,571 common shares were withheld and disposed of at $33.82 per share to cover tax withholding related to the vesting of 7,827 restricted shares. After this tax-withholding disposition, Guerrieri directly owned 65,779 common shares.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Guerrieri Thomas Joseph JR

(Last) (First) (Middle)
3200 NORTHLINE AVENUE, SUITE 360

(Street)
GREENSBORO NC 27408

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TANGER INC. [ SKT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, CAO
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/13/2026 A 4,092(1) A $0 69,350 D
Common Stock 02/17/2026 F(2) 3,571 D $33.82 65,779 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents a grant of restricted common shares under Tanger Inc.'s Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on one-third of the award on February 15th of each of the first three calendar years following the grant (subject to accelerated vesting in certain cases, such as death and certain involuntary terminations).
2. This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of shares held by the reporting person. On February 17, 2026, 7,827 restricted shares vested, with 3,571 shares withheld to cover tax withholding liability.
Remarks:
/s/ Eric Richardson, attorney-in-fact for Mr. Guerrieri 02/18/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Tanger Inc. (SKT) report for Thomas Guerrieri Jr.?

Tanger Inc. reported that Thomas Guerrieri Jr. received a grant of 4,092 restricted common shares and had 3,571 shares withheld to cover taxes on vesting. These actions reflect equity-based compensation and related tax withholding, not an open-market stock purchase or sale.

How many Tanger Inc. (SKT) shares did the executive acquire in the latest Form 4?

The executive acquired 4,092 common shares through a restricted stock award at no cash cost. This grant was made under Tanger Inc.’s Amended and Restated Incentive Award Plan and vests in three equal annual installments starting February 15 following the grant date.

Why were 3,571 Tanger Inc. (SKT) shares disposed of in the Form 4 filing?

The 3,571 shares were forfeited solely to satisfy tax withholding obligations when 7,827 restricted shares vested. Rather than paying cash for taxes, a portion of the vested shares was withheld and disposed of, a common practice in equity compensation programs for executives.

What is the vesting schedule for the new Tanger Inc. (SKT) restricted share grant?

The 4,092 restricted common shares vest in three equal installments. One-third of the award vests on February 15 of each of the first three calendar years after the grant, with certain cases allowing accelerated vesting, such as death or specified involuntary terminations.

How many Tanger Inc. (SKT) shares does Thomas Guerrieri Jr. own after these transactions?

After the tax-withholding disposition of 3,571 shares on February 17, 2026, Thomas Guerrieri Jr. directly owned 65,779 common shares. This figure reflects his holdings following the vesting event and related withholding to cover tax liabilities on the vested restricted shares.

Are the Tanger Inc. (SKT) insider transactions open-market buys or sells?

The reported transactions are not open-market buys or sells. One is a grant of 4,092 restricted shares as compensation, and the other is a disposition of 3,571 shares solely to satisfy tax withholding obligations tied to the vesting of previously awarded restricted shares.
TANGER INC.

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