Form 4: Tanger Inc. Director Jeffrey B. Citrin Reports Acquisition of Common Stock

Director Jeffrey B. Citrin reports acquisition of Tanger Inc. common stock through deferred share units and dividend reinvestment.

Summary

• On May 15, 2025, Jeffrey B. Citrin, a director of Tanger Inc., acquired 576.23 shares of common stock at a price of $30.37 per share.
• These shares were acquired through the Director Deferred Share Program.
• Citrin also acquired 93.53 deferred share units through a dividend reinvestment program since his last Form 4 filing.
• Following these transactions, Citrin beneficially owns 148,849.5 shares of Tanger Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company, which can be seen as a sign of confidence. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's prospects.

Positives

• The director's participation in the Director Deferred Share Program and dividend reinvestment program demonstrates confidence in the company's future.

Future Outlook

The deferred share units become payable in common shares upon termination of his service as a director.

Industry Context

This filing is a routine disclosure of a director's stock transactions, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment as it reflects insider confidence.

Key Dates

Keywords

Tanger Inc., Director, Jeffrey B. Citrin, Common Stock, Deferred Share Units, Dividend Reinvestment, Beneficial Ownership, Form 4