Tanger Inc. (NYSE: SKT) SVP forfeits 744 shares for tax withholding
Rhea-AI Filing Summary
TANGER INC. senior vice president and chief accounting officer Thomas Joseph Guerrieri Jr. reported a routine tax-related share disposition. On March 16, 2026, 2,614 restricted shares of common stock vested, and 744 shares were withheld by the company to cover tax withholding obligations.
After this tax-withholding disposition, Guerrieri directly owned 54,603 shares of Tanger common stock. The transaction was not an open-market sale but a forfeiture undertaken solely to satisfy the associated tax liability on the vesting shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 744 shares
Net Sell
1 txn
Insider
Guerrieri Thomas Joseph JR
Role
SVP, CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 744 | $35.15 | $26K |
Holdings After Transaction:
Common Stock — 54,603 shares (Direct)
Footnotes (1)
- F1. This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of shares held by the reporting person. On March 16, 2026, 2,614 restricted shares vested, with 744 shares withheld to cover tax withholding liability.
FAQ
What insider transaction did Tanger Inc. (SKT) report for Thomas Guerrieri Jr.?
Tanger Inc. reported a tax-withholding disposition by Thomas Joseph Guerrieri Jr. On March 16, 2026, 2,614 restricted shares vested, and 744 shares were withheld to cover related tax obligations rather than being sold in the open market.
What triggered the tax-withholding disposition reported for Tanger Inc. (SKT)?
The disposition was triggered by the vesting of restricted shares. On March 16, 2026, 2,614 restricted shares vested for Thomas Guerrieri Jr., and 744 of those shares were withheld by the company to satisfy related tax withholding liabilities.
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