Form 4: Tanger Inc. Director Bridget Ryan Berman Donates Shares to Charity
SEC Form 4 Filing
Director Bridget Ryan Berman gifted 11,250 shares of Tanger Inc. common stock to a charitable donor-advised fund on November 11, 2024.
Summary
- On November 11, 2024, Bridget Ryan Berman, a director of Tanger Inc. [SKT], gifted 11,250 shares of common stock to a charitable donor-advised fund.
- Following the transaction, Ms. Berman directly owns 96,924 shares of Tanger Inc.
- The gift is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-5 of the Act.
Sentiment
Score: 5
Explanation: Neutral. This is a standard disclosure of a transaction (gift) by a company director and doesn't inherently indicate positive or negative sentiment regarding the company's prospects.
Industry Context
This is a routine Form 4 filing, reflecting a change in beneficial ownership due to a charitable donation. Such transactions are common among corporate insiders and do not necessarily reflect a change in their outlook on the company's performance.
Key Dates
| Date | Description |
|---|---|
| 11/11/2024 | Date of transaction: Bridget Ryan Berman gifted 11,250 shares of Tanger Inc. common stock to a charitable donor-advised fund. |
| 11/12/2024 | Date of Form 4 filing. |
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