Michael J. Bilerman - 13 Feb 2026 Form 4 Insider Report for TANGER INC. (SKT)

Reporting relationship: Title - Executive Vice President, Chief Financial Officer and Chief Investment Officer
Issuer ticker: SKT
Reported as of: 13 Feb 2026
Net transaction value: -$255,544
SEC form: 4
Accepted by SEC: 18 Feb 2026, 20:12:34 UTC
Prior SEC filing: 03 Dec 2025
Next SEC filing: 17 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Eric Richardson, attorney-in-fact for Mr. Bilerman

Key filing fact

Michael J. Bilerman filed Form 4 for TANGER INC. (SKT) on 18 Feb 2026.

Key facts

This page summarizes Michael J. Bilerman's Form 4 filing for TANGER INC. (SKT).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 18 Feb 2026, 20:12.

Change

Previous filing in this sequence was filed on 03 Dec 2025.
Current net transaction value: -$255,544.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001955178 Primary reporting owner

Bilerman Michael J

Relationship: Title - Executive Vice President, Chief Financial Officer and Chief Investment Officer
Address: 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO
Signature: /s/ Eric Richardson, attorney-in-fact for Mr. Bilerman
Signature date: 18 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SKT transaction

Common Stock

Tax liability

Transaction value: $255,544
Shares: -7,556
Change %: -5.5%
Price: $33.82
Shares after: 128,839
Date: 17 Feb 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SKT transaction Derivative

Limited Partnership Units exchangeable for Common Stock

Award

Transaction value: $0
Shares: +20,828
Change %
Price: $0.000000
Shares after: 20,828
Date: 13 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 20,828
Exercise price
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person. On February 17, 2026, 14,577 restricted shares vested, with 7,556 shares withheld to cover tax withholding liability.

Footnote F2

Reflects an award of Basic LTIP Units of Tanger Properties Limited Partnership, which, if and as they become vested, and conditioned upon the satisfaction of minimum allocations to the capital accounts of the Basic LTIP Units for federal income tax purposes, are automatically converted into non-voting Class C Common Units. Class C Common Units may be exchanged by the reporting person for Tanger Inc. common shares on a one-for-one basis. Basic LTIP Units are intended to qualify as profits interests for US federal income tax purposes.

Footnote F3

These Basic LTIP Units are scheduled to vest one-third on February 15th of each year of the first three calendar years following the grant (subject to accelerated vesting in certain cases, such as death and certain involuntary terminations).

SEC remarks

Title - Executive Vice President, Chief Financial Officer and Chief Investment Officer