Tanger (SKT) EVP Justin Stein forfeits shares for tax withholding on vesting
Rhea-AI Filing Summary
Tanger Inc. executive Justin C. Stein reported a routine tax-related share withholding. On March 16, 2026, 3,803 restricted shares vested, and 1,930 common shares were forfeited to cover tax withholding obligations. Following this tax-withholding disposition, Stein directly holds 46,259 shares of Tanger common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,930 shares
Net Sell
1 txn
Insider
Stein Justin C
Role
EVP, Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,930 | $35.15 | $68K |
Holdings After Transaction:
Common Stock — 46,259 shares (Direct)
Footnotes (1)
- F1. This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person. On March 16, 2026, 3,803 restricted shares vested, with 1,930 shares withheld to cover tax withholding liability.
FAQ
What insider transaction did Tanger Inc. (SKT) report for Justin C. Stein?
Justin C. Stein reported a tax-withholding disposition of 1,930 Tanger common shares. These shares were forfeited to satisfy tax obligations tied to vesting restricted stock, rather than sold in the open market, and are a routine compensation-related event.
What does the Form 4 tax-withholding code F mean for Tanger (SKT)?
Code F on the Form 4 indicates payment of tax liability by delivering securities. For Tanger, it means Stein’s 1,930 shares were withheld to cover taxes on 3,803 newly vested restricted shares, not voluntarily sold into the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.