TANGER (SKT) Director Jeffrey B. Citrin Receives 617 Deferred Shares

What Happened

• Jeffrey B. Citrin, a director of Tanger Inc. (SKT), was granted 617.04 deferred share units on August 14, 2026 under the company’s director compensation program. The units are recorded at $38.49 each for a total reported value of $23,750. This transaction is coded as an award/grant (A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-14; Filing date: 2026-08-17 (Form 4 filed timely).
• Grant: 617.04 deferred share units at $38.49 per unit; total $23,750.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote F1: Each deferred share unit equals one common share and will be payable in common shares upon termination of director service.
• Footnote F2: Since the last Form 4, an additional 105.09 deferred share units were acquired via dividend reinvestment.
• Transaction type: Award/Grant (A) — typically routine director compensation rather than a trading signal.

Context

• Deferred share units are a form of equity-based compensation for directors and generally vest or convert to actual shares upon leaving the board; they are not an immediate cash purchase of stock. Such awards are common and should be interpreted as compensation rather than a direct expression of a director’s near-term market view.