SKERRITT SUSAN E 4

What Happened
Susan E. Skerritt, a director of Tanger Inc. (SKT), sold 5,060 shares in an open-market transaction on March 6, 2026. The shares were sold at $36.22 each for total proceeds of approximately $183,273. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-03-06; Price: $36.22 per share; Shares sold: 5,060; Proceeds: ~$183,273.
• Transaction type: Reported as an open-market sale (code S).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Filing date: Form 4 was filed on 2026-03-09 — within the required two business days (filing appears timely).
• No 10b5-1 plan, tax withholding, or other footnotes were disclosed in the provided data.

Context
Sales by directors can be routine (diversification, liquidity, tax needs) and do not by themselves indicate a change in view about the company; the filing does not state a trading plan or reason. For retail investors, purchases typically signal clearer positive insider conviction; this single reported sale should be considered alongside other insider transactions and company fundamentals.