STOCK TITAN

Tanger (NYSE: SKT) director receives 5,207-share equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SKERRITT SUSAN E reported acquisition or exercise transactions in this Form 4 filing.

Tanger Inc. director Susan E. Skerritt received an award of 5,207 shares of common stock as a grant under the company’s Amended and Restated Incentive Award Plan. These restricted shares vest, and restrictions lapse, on February 15, 2027, with potential accelerated vesting in certain cases such as death or certain involuntary terminations.

Following this grant, Skerritt directly holds 50,721.82 common shares. A footnote also notes that 1,432.83 deferred share units were accumulated through a dividend reinvestment program since her last Form 4, reflecting additional stock-based compensation accrual rather than open-market purchases.

Positive

  • None.

Negative

  • None.
Insider SKERRITT SUSAN E
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 5,207 $0.00 --
Holdings After Transaction: Common Stock — 50,721.82 shares (Direct)
Footnotes (1)
  1. Represents a grant of restricted common shares under Tanger Inc.'s Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on February 15, 2027 (subject to accelerated vesting in certain cases, such as death and certain involuntary terminations). Since the Reporting Person's last Form 4, 1,432.83 deferred share units were acquired through a dividend reinvestment program.
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*
SKERRITT SUSAN E

(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)
02/13/2026
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 02/13/2026 A 5,207(1) A $0 50,721.82(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 a grant of restricted common shares under Tanger Inc.'s Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on February 15, 2027 (subject to accelerated vesting in certain cases, such as death and certain involuntary terminations).
2. Since the Reporting Person's last Form 4, 1,432.83 deferred share units were acquired through a dividend reinvestment program.
Remarks:
/s/ Eric Richardson, attorney-in-fact for Ms. Skerritt 02/18/2026
** 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.

FAQ

What did Tanger Inc. (SKT) director Susan E. Skerritt report in this Form 4?

Susan E. Skerritt reported receiving a grant of 5,207 shares of Tanger Inc. common stock. The award was made under the company’s Amended and Restated Incentive Award Plan as stock-based compensation rather than an open-market purchase of shares.

Are the 5,207 Tanger Inc. (SKT) shares granted to Susan E. Skerritt fully vested?

No, the 5,207 granted shares are restricted and vest on February 15, 2027. Until vesting, they remain subject to plan restrictions, with provisions for accelerated vesting in limited situations such as death or certain involuntary terminations of service.

How many Tanger Inc. (SKT) shares does Susan E. Skerritt own after this grant?

After the grant, Susan E. Skerritt directly holds 50,721.82 shares of Tanger Inc. common stock. This figure reflects her direct ownership position immediately following the award reported in the Form 4 filing with the SEC.

Were any Tanger Inc. (SKT) shares bought or sold on the market in this Form 4?

No market buy or sell is reported. The filing shows a grant of 5,207 restricted common shares at a price of $0.00 per share, indicating a compensation award rather than an open-market transaction by the director.

What do the 1,432.83 deferred share units mean for Tanger Inc. (SKT) director Susan E. Skerritt?

The 1,432.83 deferred share units were accumulated through a dividend reinvestment program since her last Form 4. They represent additional stock-based value tied to Tanger Inc. shares rather than new cash purchases by the director.