SKT Form 4 shows Tanger director holding 150K deferred share units

Rhea-AI Filing Summary

Tanger Inc. (SKT) director equity update: A company director reported acquiring 517.45 deferred share units of Tanger common stock on 11/14/2025 at a price of $33.82 per unit. These deferred share units are issued under Tanger Inc. and Tanger Properties Limited Partnership’s Director Deferred Share Program, and each unit is equivalent to one common share. The units become payable in common shares when the director’s board service ends. Following this transaction, the director beneficially owns 150,094.67 deferred share units, which includes 95.25 units accumulated since the prior report through a dividend reinvestment program.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CITRIN JEFFREY B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	517.45	$33.82	$18K

Holdings After Transaction: Common Stock — 150,094.67 shares (Direct)

Footnotes (1)

1. Represents deferred share units issued pursuant to the Director Deferred Share Program of Tanger Inc. and Tanger Properties Limited Partnership. Each deferred share unit is equivalent to one common share. The deferred share units become payable in common shares upon termination of his service as a director. Since the Reporting Person's last Form 4, 95.25 deferred share units were acquired through a dividend reinvestment program.

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^*

CITRIN JEFFREY B

(Last) (First) (Middle)

3200 NORTHLINE AVENUE, 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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025

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	11/14/2025		A		517.45(1)	A	$33.82	150,094.67(2)	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 deferred share units issued pursuant to the Director Deferred Share Program of Tanger Inc. and Tanger Properties Limited Partnership. Each deferred share unit is equivalent to one common share. The deferred share units become payable in common shares upon termination of his service as a director.

2. Since the Reporting Person's last Form 4, 95.25 deferred share units were acquired through a dividend reinvestment program.

Remarks:

	/s/ Eric Richardson, attorney-in-fact for Mr. Citrin	11/17/2025
	** 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 did Tanger Inc. (SKT) disclose in this Form 4 filing?

The filing shows a Tanger Inc. director acquired 517.45 deferred share units of common stock on 11/14/2025 at $33.82 per unit under the company’s director deferred share program.

How many Tanger Inc. (SKT) deferred share units does the director now beneficially own?

After the reported transaction, the director beneficially owns 150,094.67 deferred share units of Tanger Inc. common stock.

What are deferred share units in Tanger Inc.’s director program?

Deferred share units are awards under the Director Deferred Share Program of Tanger Inc. and Tanger Properties Limited Partnership. Each deferred share unit equals one common share and is paid out in common shares when the director’s service ends.

How were additional Tanger Inc. (SKT) deferred share units accumulated by the director?

Since the director’s last report, 95.25 deferred share units were acquired through a dividend reinvestment program, increasing the director’s total beneficial holdings.

Is the reporting person a director or officer of Tanger Inc. (SKT)?

The filing identifies the reporting person’s relationship to Tanger Inc. as a Director, with the corresponding box checked in the relationship section.

Does this Tanger Inc. (SKT) Form 4 involve any derivative securities?

The section for derivative securities (such as options or warrants) is present but shows no derivative transactions reported in this filing excerpt.