Guerrieri Thomas Joseph JR 4
4 · TANGER INC. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Tanger (SKT) SVP/CAO Thomas Guerrieri Receives Award; Shares Withheld for Taxes
What Happened
- Thomas Joseph Guerrieri Jr., Senior Vice President and Chief Accounting Officer of Tanger Inc., received a restricted share award and subsequently had shares withheld to cover tax withholding on vested shares. On Feb 13, 2026 he was granted 4,092 restricted common shares (acquisition price $0). On Feb 17, 2026 a separate vesting event delivered 7,827 restricted shares, of which 3,571 shares were withheld (disposed) at $33.82 per share to cover tax withholding, equal to $120,771.
Key Details
- Transaction dates and prices:
- Feb 13, 2026 — Award (code A): 4,092 restricted shares granted at $0.00.
- Feb 17, 2026 — Tax withholding (code F): 3,571 shares withheld/disposed at $33.82 per share for $120,771.
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: The Feb 13 grant is under Tanger’s Incentive Award Plan; restrictions lapse one‑third on Feb 15 of each of the first three calendar years after the grant (subject to accelerated vesting in some cases).
- F2: The 3,571-share forfeiture on Feb 17 was solely to satisfy tax withholding; 7,827 restricted shares vested that day and 3,571 were withheld for taxes.
- Filing: Form 4 filed Feb 18, 2026; appears to have been submitted promptly.
Context
- This was a compensation-related award and routine tax withholding (a forfeiture to cover taxes), not an open-market sale or buy. Such withholdings are common when restricted shares vest and do not necessarily indicate the insider’s view on the stock.
Insider Transaction Report
Form 4
TANGER INC.SKT
Guerrieri Thomas Joseph JR
SVP, CAO
Transactions
- Award
Common Stock
[F1]2026-02-13+4,092→ 69,350 total - Tax Payment
Common Stock
[F2]2026-02-17$33.82/sh−3,571$120,771→ 65,779 total
Footnotes (2)
- [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 one-third of the award on February 15th of each of the first three calendar years following the grant (subject to accelerated vesting in certain cases, such as death and certain involuntary terminations).
- [F2]This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of shares held by the reporting person. On February 17, 2026, 7,827 restricted shares vested, with 3,571 shares withheld to cover tax withholding liability.
Signature
/s/ Eric Richardson, attorney-in-fact for Mr. Guerrieri|2026-02-18