CITRIN JEFFREY B 4
Research Summary
AI-generated summary
Tanger (SKT) Director Jeffrey Citrin Receives 588.92-Share Award
What Happened Jeffrey B. Citrin, a director of Tanger Inc. (SKT), received an award of 588.92 deferred share units on 2026-05-15 at an attributable value of $35.78 per unit, totaling approximately $21,072. This was an award (compensation), not an open‑market purchase or sale.
Key Details
- Transaction date and terms: 2026-05-15; 588.92 deferred share units @ $35.78 each; total value ~$21,072. (Transaction code A = award/grant.)
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F1: These are deferred share units under Tanger’s Director Deferred Share Program; each unit equals one common share and becomes payable in common shares upon termination of director service.
- F2: Since the last Form 4, 106.97 deferred share units were acquired via a dividend reinvestment program.
- Timeliness: Filing date 2026-05-18 for a 2026-05-15 transaction — appears to be filed within the required reporting window (timely).
Context Deferred share units are a form of director compensation that convert to common shares (or are paid in shares) when the director leaves service. Such awards are routine compensation and do not represent an open‑market buy or sell signal.