Form 4: Tanger Inc. Director Susan E. Skerritt Reports Sale of Common Stock
SEC Form 4 Filing
Director Susan E. Skerritt sold 3,309 shares of Tanger Inc. common stock at a price of $28.62 on February 29, 2024.
Summary
- On February 29, 2024, Susan E. Skerritt, a director of Tanger Inc., sold 3,309 shares of the company's common stock.
- The sale was executed at a price of $28.62 per share.
- Following the transaction, Ms. Skerritt beneficially owns 56,945.78 shares of Tanger Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a common practice for directors and officers to periodically buy or sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the director's reasons for selling.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: Sale of Tanger Inc. common stock. |
| 03/04/2024 | Date of signature for the Form 4 filing. |
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