Syngal Sonia 4

What Happened

• Sonia Syngal, a director of Tanger Inc. (SKT), was granted 5,207 restricted common shares on February 13, 2026. The shares were awarded at $0.00 per share (code A), indicating a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-18 (filed five days after the transaction; appears outside the typical two-business-day reporting window for Section 16 insiders).
• Shares awarded: 5,207; transaction price reported: $0.00; immediate cash value on the Form 4: $0.
• Vesting: These are restricted shares that vest and cease to be restricted on February 15, 2027, subject to accelerated vesting in certain circumstances (e.g., death or certain involuntary terminations) (see footnote F1).
• Shares owned after transaction: not specified in the summary provided.

Context

• This was an equity award (restricted stock) as part of Tanger’s incentive award plan, not a market purchase or sale — such grants are compensation and do not necessarily signal insider buying or selling intent. The restrictions and vesting schedule mean the shares are not freely tradable until the vest date (unless accelerated under the plan).