RYAN BERMAN BRIDGET 4

What Happened Ryan Berman Bridget, a director of Tanger Inc. (SKT), received a grant of 5,207 restricted common shares on February 13, 2026. The shares were issued at $0.00 (award/ grant), meaning no cash was paid by the insider. The restrictions on the shares lapse and they vest on February 15, 2027 (subject to accelerated vesting in certain cases).

Key Details

• Transaction date: 2026-02-13. Transaction code: A (award/grant).
• Shares granted: 5,207 restricted common shares; acquisition price reported as $0.00.
• Vesting: Restrictions cease and shares vest on 2027-02-15; footnote notes possible accelerated vesting for death and certain involuntary terminations.
• Filing: Form 4 was filed on 2026-02-18 (5 days after the transaction), which is one business day late for the typical 2-business-day Form 4 reporting window.
• Shares owned after transaction: Not specified in the filing.

Context This was an equity award (restricted shares), not an open-market purchase or sale. Restricted-share grants are commonly used for long-term compensation and typically vest over time; they do not necessarily indicate immediate buying or selling intent. The late filing is a reporting timing issue investors should note but does not change the nature of the award.