Tanger Inc. (NYSE: SKT) COO forfeits 2,993 shares for taxes

Rhea-AI Filing Summary

Tanger Inc. executive vice president and chief operating officer Leslie Swanson Gallardo reported a routine tax-related share forfeiture. On March 16, 2026, 7,606 restricted common shares vested and 2,993 shares were withheld solely to cover tax withholding obligations. Following this non-market disposition, Swanson Gallardo now directly holds 75,489 shares of Tanger common stock.

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^*

Swanson Gallardo Leslie

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Operating Officer

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)		2,993	D	$35.15	75,489	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, 7,606 restricted shares vested, with 2,993 shares withheld to cover tax withholding liability.

Remarks:

	/s/ Eric Richardson, attorney-in-fact for Ms. Swanson Gallardo	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 did Tanger Inc. (SKT) EVP COO Leslie Swanson Gallardo report in this Form 4?

Leslie Swanson Gallardo reported a tax-related share forfeiture, not an open-market trade. Restricted shares vested, and a portion was withheld to satisfy tax obligations, a common administrative step when equity awards convert into freely owned shares.

How many Tanger Inc. (SKT) restricted shares vested for Leslie Swanson Gallardo?

A total of 7,606 restricted shares of Tanger Inc. common stock vested for Leslie Swanson Gallardo on March 16, 2026. This vesting reflects previously granted equity compensation converting into owned shares, subject to required tax withholding at the time of vesting.

How many Tanger Inc. (SKT) shares were withheld for taxes in this filing?

Tanger Inc. withheld 2,993 common shares from Leslie Swanson Gallardo to cover tax liabilities tied to the vesting of restricted shares. This withholding is categorized as a tax-withholding disposition and does not represent an open-market sale of stock.

How many Tanger Inc. (SKT) shares does Leslie Swanson Gallardo own after this transaction?

After the tax-withholding forfeiture, Leslie Swanson Gallardo directly owns 75,489 shares of Tanger Inc. common stock. This figure reflects her post-transaction position as reported, incorporating the vested shares and the portion withheld to satisfy related tax obligations.

Was this Tanger Inc. (SKT) Form 4 an open-market sale by the executive?

No, the Form 4 reports a tax-withholding disposition, not an open-market sale. Shares were forfeited solely to satisfy tax liabilities from restricted stock vesting, a standard mechanism that does not involve selling shares into the public market.

What role does Leslie Swanson Gallardo hold at Tanger Inc. (SKT)?

Leslie Swanson Gallardo serves as executive vice president and chief operating officer of Tanger Inc. This officer status is disclosed in the Form 4, which reports changes in her beneficial ownership of Tanger common stock arising from equity compensation vesting.