Director at Tanger (NYSE: SKT) awarded 5,207 deferred share units

Rhea-AI Filing Summary

Tanger Inc. director Luis A. Ubinas reported an equity award in the form of deferred share units. He acquired 5,207 deferred share units of common stock at a stated price of $0.00 per unit as a grant under Tanger’s Director Deferred Share Program.

Each deferred share unit is equivalent to one common share. These units vest and related restrictions lapse on February 15, 2027, with potential accelerated vesting in cases such as death or certain involuntary terminations, and they are payable in common shares when his board service ends. Since his last Form 4, an additional 2,251.93 deferred share units were acquired through a dividend reinvestment program. Following this award, his direct holdings total 69,190.26 common shares-equivalent.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ubinas Luis A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,207	$0.00	--

Holdings After Transaction: Common Stock — 69,190.26 shares (Direct)

Footnotes (1)

1. Represents deferred share units issued pursuant to the Director Deferred Share Program of Tanger Inc. and Tanger Properties Limited Partnership. Each deferred share unit is equivalent to one common share. The deferred share units vest and the restrictions cease to apply on February 15, 2027 (subject to accelerated vesting in certain cases, such as death and certain involuntary terminations), and the deferred share units become payable in common shares upon termination of his service as a director. Since the Reporting Person's last Form 4, 2,251.93 deferred share units were acquired through a dividend reinvestment program

Form 4 Insider Transactions: What Each Field Means →

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^*

Ubinas Luis A

(Last) (First) (Middle)

3200 NORTHLINE AVE., 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		5,207(1)	A	$0	69,190.26(2)	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 deferred share units issued pursuant to the Director Deferred Share Program of Tanger Inc. and Tanger Properties Limited Partnership. Each deferred share unit is equivalent to one common share. The deferred share units vest and the restrictions cease to apply on February 15, 2027 (subject to accelerated vesting in certain cases, such as death and certain involuntary terminations), and the deferred share units become payable in common shares upon termination of his service as a director.

2. Since the Reporting Person's last Form 4, 2,251.93 deferred share units were acquired through a dividend reinvestment program

Remarks:

	/s/ Eric Richardson, attorney-in-fact for Mr. Ubinas	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 transaction did Tanger Inc. (SKT) director Luis A. Ubinas report?

Luis A. Ubinas reported receiving 5,207 deferred share units of Tanger Inc. common stock as an equity grant. These units are part of the Director Deferred Share Program and increase his total direct holdings to 69,190.26 common shares-equivalent after the transaction.

How do the Tanger (SKT) deferred share units granted to Luis A. Ubinas work?

Each deferred share unit granted to Luis A. Ubinas equals one Tanger common share. The units vest and restrictions lapse on February 15, 2027, and are then payable in common shares when his service as a director terminates, subject to possible accelerated vesting in specific circumstances.

When do Luis A. Ubinas’s Tanger (SKT) deferred share units vest?

The deferred share units granted to Luis A. Ubinas vest, and related restrictions cease to apply, on February 15, 2027. In certain situations, such as death or specified involuntary terminations, vesting may accelerate under the terms of the Director Deferred Share Program.

What role did Tanger (SKT) dividend reinvestment play in Ubinas’s holdings?

Since his last Form 4, Luis A. Ubinas acquired 2,251.93 additional deferred share units through a dividend reinvestment program. These reinvested dividends increased his total deferred share unit balance, contributing to the 69,190.26 common shares-equivalent he now directly holds.

What is Luis A. Ubinas’s total Tanger (SKT) common stock ownership after the grant?

After receiving 5,207 deferred share units, Luis A. Ubinas directly holds 69,190.26 common shares-equivalent of Tanger Inc. common stock. This figure reflects the new grant and prior accumulations, including units acquired through the dividend reinvestment program since his last insider report.

Was cash paid for the Tanger (SKT) deferred share units granted to Ubinas?

The 5,207 deferred share units reported by Luis A. Ubinas were granted at a stated price of $0.00 per unit. This indicates an award or grant mechanism under the Director Deferred Share Program, rather than an open-market cash purchase of Tanger common stock.