Form 4: Tanger Inc. Executive Jessica K. Norman Reports Stock Forfeiture for Tax Obligations
SEC Form 4 Filing
EVP, General Counsel, and Secretary of Tanger Inc., Jessica K. Norman, reports forfeiting 551 shares of common stock to cover tax withholding liabilities.
Summary
- On October 2, 2024, Jessica K. Norman, EVP, General Counsel, and Secretary of Tanger Inc. (SKT), forfeited 551 shares of common stock.
- The forfeiture was executed to satisfy a tax withholding liability related to the vesting of stock held by Ms. Norman.
- The transaction price was $32.94 per share.
- Following the transaction, Ms. Norman directly owns 31,373 shares of Tanger Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock forfeiture for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like Jessica K. Norman, transact in their company's stock. These filings provide transparency into the trading activities of individuals with access to non-public information.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of stock forfeiture transaction. |
| 10/03/2024 | Date of signature on the Form 4 filing. |
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