Tanger (SKT) CEO Yalof has 12,066 shares withheld for taxes on vesting

Rhea-AI Filing Summary

Tanger Inc. President & CEO Stephen Yalof reported a routine tax-related share withholding. On March 16, 2026, 26,621 restricted shares vested, and 12,066 shares of common stock were withheld at $35.15 per share to cover tax liabilities. After this non-market disposition, Yalof directly holds 768,838.84 shares of Tanger common stock.

Insights

Equity compensation and insider-trading analyst

CEO’s Form 4 shows routine tax withholding on vested shares, not an open-market sale.

The filing shows 12,066 Tanger common shares were withheld at $35.15 per share to satisfy tax obligations from the vesting of 26,621 restricted shares on March 16, 2026. This is coded as an F transaction, indicating payment of tax liability by delivering securities.

Because this is issuer tax withholding rather than a discretionary market trade, it carries minimal signaling value about the CEO’s view of the stock. Following the transaction, Stephen Yalof still directly owns 768,838.84 shares, indicating he retains a substantial equity stake after this administrative adjustment.

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

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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^*

Yalof Stephen

(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
X	Officer (give title below)		Other (specify below)
	President & CEO

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)		12,066	D	$35.15	768,838.84	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, 26,621 restricted shares vested, with 12,066 shares withheld to cover tax withholding liability.

Remarks:

	/s/ Eric Richardson, attorney-in-fact for Mr. Yalof	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.
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FAQ

What insider transaction did Tanger (SKT) CEO Stephen Yalof report?

Stephen Yalof reported a tax-related disposition of shares. 12,066 Tanger common shares were withheld at $35.15 per share to cover tax liabilities from the vesting of 26,621 restricted shares on March 16, 2026.

Was the Tanger (SKT) CEO’s Form 4 an open-market stock sale?

No, the Form 4 reflects tax withholding, not an open-market sale. The company withheld 12,066 shares from vested restricted stock on March 16, 2026 to satisfy Yalof’s tax liability associated with 26,621 vested shares.

How many Tanger (SKT) shares were withheld for taxes from Stephen Yalof’s vesting?

The filing shows 12,066 shares of Tanger common stock were withheld. These shares covered tax obligations arising when 26,621 restricted shares vested on March 16, 2026, as described in the footnote to the Form 4 transaction.

How many Tanger (SKT) shares does CEO Stephen Yalof hold after this Form 4 transaction?

After the tax-withholding disposition, Stephen Yalof directly holds 768,838.84 shares of Tanger common stock. This figure, reported in the Form 4, reflects his remaining direct ownership following the withholding of 12,066 shares for tax purposes.

What does transaction code F mean in the Tanger (SKT) CEO’s Form 4?

Transaction code F indicates payment of a tax liability or exercise price by delivering securities. In this filing, it means 12,066 shares were forfeited on March 16, 2026 to cover taxes on 26,621 newly vested restricted shares.