Director at Tanger Inc. (NYSE: SKT) awarded 5,207 restricted shares
Rhea-AI Filing Summary
RYAN BERMAN BRIDGET reported acquisition or exercise transactions in this Form 4 filing.
Tanger Inc. director received a grant of 5,207 shares of common stock as a restricted stock award under the company’s Amended and Restated Incentive Award Plan. These restricted common shares are scheduled to vest, and related restrictions to lapse, on February 15, 2027, with potential accelerated vesting in certain cases such as death or certain involuntary terminations. Following this award, the reporting person holds 101,291 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,207 shares
Net Buy
1 txn
Insider
RYAN BERMAN BRIDGET
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,207 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 101,291 shares (Direct)
Footnotes (1)
- F1. 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).
FAQ
What insider transaction did Tanger Inc. (SKT) report on this Form 4?
Tanger Inc. reported that a director acquired 5,207 shares of common stock through a restricted stock grant. The award was made under the company’s Amended and Restated Incentive Award Plan and increased the director’s direct holdings to 101,291 common shares.
What type of equity award did Tanger Inc. (SKT) grant to its director?
The director received a grant of 5,207 restricted common shares of Tanger Inc. stock. These shares were awarded under Tanger Inc.’s Amended and Restated Incentive Award Plan, meaning they are subject to vesting conditions and restrictions until they fully vest.
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