Tanger director gets 617 deferred share units

Rhea-AI Filing Summary

For TANGER INC. (SKT), director Jeffrey B. Citrin reported an acquisition of 617.04 deferred share units of common stock on 2026-08-14 at a reference value of $38.49 per unit. Each deferred share unit equals one common share and becomes payable in common shares when his board service ends.

The units were issued under the company’s Director Deferred Share Program, and his directly held deferred share units increased to 152,134.55, including 105.09 units accumulated through a dividend reinvestment program since his prior Form 4.

Insider Trade Summary

Grant/Award: 617.04 shares

Grant/Award 1 txn

Insider CITRIN JEFFREY B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	617.04	$38.49	$24K

Holdings After Transaction: Common Stock — 152,134.55 shares (Direct)

Footnotes (2)

1. F1. 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. F2. Since the Reporting Person's last Form 4, 105.09 deferred share units were acquired through a dividend reinvestment program.

Key Figures

Deferred share units granted: 617.0400 units Grant value per unit: $38.4900 per share Deferred share units after transaction: 152134.5500 units +1 more

4 metrics

Deferred share units granted 617.0400 units Director award of deferred share units on 2026-08-14

Grant value per unit $38.4900 per share Reference price for deferred share unit grant on 2026-08-14

Deferred share units after transaction 152134.5500 units Total directly held deferred share units following the reported transaction

Dividend reinvestment units since last Form 4 105.09 units Deferred share units acquired through dividend reinvestment program

Key Terms

deferred share units, Director Deferred Share Program, dividend reinvestment program

3 terms

deferred share units financial

"Represents deferred share units issued pursuant to the Director Deferred Share Program"

Deferred share units are promises that give an executive or director the right to receive company shares or their cash value at a future date, often when they retire or leave the company. Think of them as a paycheck held in a savings account that converts into stock later; they matter to investors because they tie pay to long-term performance, create potential future dilution of shares, and represent a delayed cash or share obligation the company must eventually fulfill.

Director Deferred Share Program financial

"issued pursuant to the Director Deferred Share Program of Tanger Inc."

dividend reinvestment program financial

"deferred share units were acquired through a dividend reinvestment program"

A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did SKT director Jeffrey B. Citrin report on this Form 4 filing?

Jeffrey B. Citrin reported an acquisition of 617.04 deferred share units of Tanger Inc. common stock. These units were granted under the Director Deferred Share Program and increase his total directly held deferred share units to 152,134.55 following the transaction.

At what value were the new deferred share units for SKT recorded on 2026-08-14?

The 617.04 deferred share units were recorded at a reference value of $38.49 per unit. This value reflects the price per common share equivalent for the grant on 2026-08-14, as disclosed in the Form 4 transaction details.

How many SKT deferred share units does Jeffrey B. Citrin hold after this transaction?

After this award, Jeffrey B. Citrin directly holds 152,134.55 deferred share units. This balance includes the newly granted 617.04 units and prior units, as well as additional 105.09 units accumulated through Tanger’s dividend reinvestment program since his previous Form 4.

What are SKT deferred share units and when do they become payable?

For Tanger Inc., each deferred share unit equals one common share and is issued under the Director Deferred Share Program. The filing states these deferred share units become payable in common shares when the director’s service on the board terminates.

How many SKT deferred share units were added via dividend reinvestment for Jeffrey B. Citrin?

Since Jeffrey B. Citrin’s last Form 4, 105.09 deferred share units were acquired through Tanger’s dividend reinvestment program. This reflects automatic reinvestment of dividends into additional deferred share units rather than cash payouts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/17/2026 - 04:07 PM Accepted by SEC EDGAR 08/17/2026 - 04:07 PM Learn about SEC filing dates

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 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)
08/14/2026

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	08/14/2026		A		617.04(1)	A	$38.49	152,134.55(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, 105.09 deferred share units were acquired through a dividend reinvestment program.

Remarks:

	/s/ Eric Richardson, attorney-in-fact for Mr. Citrin	08/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)