Form 4: Tanger Inc. Director Thomas Reddin Reports Stock Sale
SEC Form 4 Filing
Director Thomas Reddin sold 7,000 shares of Tanger Inc. (SKT) common stock at $32.25 per share on May 12, 2025.
Summary
- On May 12, 2025, Thomas Reddin, a director of Tanger Inc. (SKT), sold 7,000 shares of common stock.
- The sale price was $32.25 per share.
- Following the transaction, Reddin directly owns 39,602 shares of Tanger Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a director, with no inherent positive or negative implications.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of transaction: Thomas Reddin sold 7,000 shares of Tanger Inc. common stock. |
| 05/13/2025 | Date of signature: Thomas J. Guerrieri Jr., attorney in fact for Mr. Reddin, signed the report. |
Keywords
Form 4, Tanger Inc., Director, Stock Sale, Insider Trading, SKT, Reddin
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