Tanger Inc. director gifts 5,900 shares, holds 96,084 after transfer
Tanger Inc. director reports charitable stock gift A Tanger Inc. director filed a Form 4 showing a charitable gift of 5,900 shares of common stock on 12/02/2025.
Rhea-AI Filing Summary
Tanger Inc. director reports charitable stock gift
A Tanger Inc. director filed a Form 4 showing a charitable gift of 5,900 shares of common stock on 12/02/2025. The transaction is coded "G" for gift and is described as a transfer to a charitable donor-advised fund, which is exempt from short-swing profit rules under Rule 16b-5 of the Securities Exchange Act.
Following this gift, the director reports beneficial ownership of 96,084 Tanger Inc. shares, held directly. The filing reflects a personal philanthropic transfer rather than an open-market sale or purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,900 | $0.00 | $0.00 |
Footnotes (1)
- F1. The transaction reported represents a gift by the reporting person to a charitable donor-advised fund. The transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Act"), pursuant to Rule 16b-5 of the Act.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tanger Inc. (SKT) report in this Form 4?
The Form 4 reports that a Tanger Inc. director made a gift of 5,900 shares of common stock on 12/02/2025, coded as transaction type "G" for gift.
Was the Tanger Inc. (SKT) insider transaction a sale, purchase, or gift?
The transaction was a gift of Tanger Inc. common stock to a charitable donor-advised fund, not a market sale or purchase.
Why is the Tanger Inc. (SKT) insider gift exempt from Section 16(b)?
The explanation states that the transaction is exempt from Section 16(b) of the Securities Exchange Act under Rule 16b-5, which covers certain gifts of securities.
Does this Tanger Inc. (SKT) Form 4 involve derivative securities like options or warrants?
No derivative securities transactions are reported. Table I shows a gift of common stock, and Table II contains no completed derivative entries.
AI-generated analysis. How Rhea-AI works. Not financial advice.