Tanger (NYSE: SKT) director sells 14,698 shares in open market trade

Rhea-AI Filing Summary

Tanger Inc. director Bridget Ryan Berman reported an open-market sale of 14,698 shares of Common Stock. The shares were sold at a weighted average price of $35.24 per share, in transactions ranging from $35.20 to $35.29. After the sale, she directly holds 86,593 shares.

Insider Trade Summary

Net Seller: 14,698 shares ($517,958)

Net Sell 1 txn

Insider RYAN BERMAN BRIDGET

Role null

Sold 14,698 shs ($518K)

Type	Security	Shares	Price	Value
Sale	Common Stock	14,698	$35.24	$518K

Holdings After Transaction: Common Stock — 86,593 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 14,698 shares Weighted average sale price: $35.24 per share Sale price range: $35.20 to $35.29 per share +2 more

5 metrics

Shares sold 14,698 shares Open-market sale of Common Stock on May 15, 2026

Weighted average sale price $35.24 per share Average price across multiple sale transactions

Sale price range $35.20 to $35.29 per share Range for individual trades in the reported sale

Shares held after transaction 86,593 shares Director’s direct ownership following the sale

Net shares sold 14,698 shares Net-sell direction from transaction summary

Key Terms

open-market sale, weighted average sales price, Common Stock, transaction code "S"

4 terms

open-market sale financial

"reported an open-market sale of 14,698 shares of Common Stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average sales price financial

"Represents the weighted average sales price of multiple transactions"

Common Stock financial

"open-market sale of 14,698 shares of Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code "S" regulatory

"The Form 4 uses transaction code “S” and describes it as a sale"

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^*

RYAN BERMAN BRIDGET

(Last) (First) (Middle)

3200 NORTHLINE AVENUE, SUITE 360

(Street)

GREENSBORO NORTH CAROLINA 27408

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/15/2026		S		14,698	D	$35.24(1)	86,593	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 the weighted average sales price of multiple transactions ranging from $35.20 to $35.29.

Remarks:

	/s/ Thomas J. Guerrieri Jr., attorney in fact for Ms. Berman	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SKT director Bridget Ryan Berman report?

Bridget Ryan Berman reported selling 14,698 shares of Tanger Inc. Common Stock in an open-market transaction. The filing states a weighted average sales price of $35.24 per share, with individual trades between $35.20 and $35.29.

At what price did the SKT director sell her Tanger Inc. shares?

The director’s shares were sold at a weighted average price of $35.24 per share. According to the filing footnote, individual trades occurred in a price range from $35.20 to $35.29 per share.

How many Tanger Inc. shares does the SKT director hold after this sale?

Following the disclosed sale, Bridget Ryan Berman directly holds 86,593 shares of Tanger Inc. Common Stock. This post-transaction balance is reported in the Form 4 as her direct ownership position.

Was the SKT director’s transaction an open-market sale or another type?

The transaction is classified as an open-market sale of Common Stock. The Form 4 uses transaction code “S” and describes it as a sale in open market or private transaction, with direct ownership reported after the trade.

Does the SKT Form 4 mention any trading plan or special ownership structure?

The available data references only a pricing footnote describing a weighted average sale price range. It does not indicate any Rule 10b5-1 trading plan or special indirect ownership entities in the provided excerpt.