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Tanger (SKT) EVP Justin Stein forfeits shares for tax withholding on vesting

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

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.

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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*
Stein Justin C

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
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 03/16/2026 F(1) 1,930 D $35.15 46,259 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. 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.
Remarks:
/s/ Eric Richardson, attorney-in-fact for Mr. Stein 03/17/2026
** 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) 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.

Why were 1,930 Tanger (SKT) shares disposed of by Justin C. Stein?

The 1,930 shares were withheld solely to satisfy tax withholding liabilities on vested restricted stock. On March 16, 2026, 3,803 restricted shares vested, and part of that award was automatically forfeited to cover Stein’s associated tax obligations.

Did Justin C. Stein sell Tanger (SKT) shares on the open market?

No, the filing describes a tax-withholding disposition rather than an open-market sale. Shares were forfeited back to satisfy tax liabilities triggered by the vesting of restricted stock, a common administrative process in equity compensation plans.

How many Tanger (SKT) shares does Justin C. Stein hold after this transaction?

After the tax-withholding disposition, Justin C. Stein directly holds 46,259 Tanger common shares. This figure reflects his position following the forfeiture of 1,930 shares related to tax obligations on the March 16, 2026 restricted stock vesting.

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.
TANGER INC.

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