TANGER INC.·4

Mar 17, 4:05 PM ET

Stein Justin C 4

Research Summary

AI-generated summary

Updated

Tanger (SKT) EVP Justin Stein Withholds 1,930 Shares for Taxes

What Happened

  • Justin C. Stein, EVP & Chief Revenue Officer of Tanger Inc. (SKT), had 1,930 restricted shares withheld on March 16, 2026 to satisfy tax withholding related to vesting. The withheld shares are reported at $35.15 each, representing $67,840.
  • This was a tax-withholding forfeiture (transaction code F), not an open-market sale or purchase.

Key Details

  • Transaction date and price: March 16, 2026 — 1,930 shares withheld at $35.15/share (total $67,840).
  • Vesting note: 3,803 restricted shares vested on March 16, 2026; 1,930 were withheld for taxes (per footnote F1).
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Filing timeliness: Form 4 filed March 17, 2026 (next business day) — appears timely.
  • Nature of transaction: Tax withholding/forfeiture (code F), routine administrative action.

Context

  • This was a cashless tax-withholding related to the vesting of restricted stock, a common method for satisfying withholding obligations; it does not indicate an independent decision to sell shares on the market or express a change in insider sentiment.