Steven B. Tanger - 20 Mar 2026 Form 4 Insider Report for TANGER INC. (SKT)

Reporting relationship: Director
Issuer ticker: SKT
Reported as of: 20 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 23 Mar 2026, 16:37:49 UTC
Prior SEC filing: 18 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Thomas J. Guerrieri Jr., attorney-in-fact for Mr. Tanger

Key filing fact

Steven B. Tanger filed Form 4 for TANGER INC. (SKT) on 23 Mar 2026.

Key facts

This page summarizes Steven B. Tanger's Form 4 filing for TANGER INC. (SKT).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 23 Mar 2026, 16:37.

Change

Previous filing in this sequence was filed on 18 Feb 2026.
Current net transaction value: $0.

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 0001216940 Primary reporting owner

TANGER STEVEN B

Relationship: Director
Address: 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO
Signature: /s/ Thomas J. Guerrieri Jr., attorney-in-fact for Mr. Tanger
Signature date: 23 Mar 2026

Reported non-derivative transactions

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

SKT transaction

Common Stock

Options Exercise

Transaction value
Shares: +49,669
Change %: +5%
Price: $0.000000^*
Shares after: 1,047,022
Date: 20 Mar 2026
Ownership: Direct
Footnotes: F1, F2

SKT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,000
Date: 20 Mar 2026
Ownership: By wife

Reported derivative securities

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

SKT transaction Derivative

Notional Units

Options Exercise

Transaction value
Shares: -49,669
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 20 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 49,669
Exercise price
Footnotes: F3, F4, F5

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents restricted common shares received from the conversion of notional units. Based on the share price targets achieved, each notional unit was converted into one restricted common share. 100% of the shares vested on March 20, 2026 based on the terms of his employment agreement.

Footnote F2

Number of shares of common shares beneficially owned following reported transactions does not include 2,879,797 Limited Partnership Units that are exchangeable into shares of Tanger Inc. held by Tango 7 LLC and considered indirectly beneficially owned by the Reporting Person.

Footnote F3

100% of the absolute and relative portions were actually earned.

Footnote F4

Represents performance shares which may convert, into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TRS), and its TRS relative to its peer group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

Footnote F5

With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.