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TANGER INC.·4

Mar 17, 4:05 PM ET

Swanson Gallardo Leslie 4

Research Summary

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Tanger (SKT) COO Leslie Swanson Gallardo Withholds 2,993 Shares for Taxes

What Happened

Leslie Swanson Gallardo, Chief Operating Officer of Tanger Inc. (SKT), had 2,993 restricted shares withheld to satisfy tax withholding obligations when 7,606 restricted shares vested on March 16, 2026. The withheld shares are reported at $35.15 per share, equal to $105,204. This was a tax-withholding/forfeiture of vested shares, not an open-market sale.

Key Details

  • Transaction date: March 16, 2026; reported on Form 4 filed March 17, 2026 (timely filing).
  • Withheld shares: 2,993 at $35.15/share; total value reported $105,204.
  • Vesting: 7,606 restricted shares vested on March 16, 2026; 2,993 were withheld for taxes (Footnote F1).
  • Shares owned after transaction: not provided in the supplied excerpt.
  • Transaction code: F (forfeiture/tax withholding) — routine tax-related withholding, not a market sale.

Context

This transaction reflects routine tax withholding upon restricted stock vesting. Such withholdings are administrative and do not necessarily indicate insider buying or selling sentiment.