Form 4: Tanger Inc. Executive Leslie Swanson Gallardo Reports Sale of Common Stock
SEC Form 4 Filing
Leslie Swanson Gallardo, EVP and Chief Operating Officer of Tanger Inc., reports the sale of 12,500 shares of common stock at an average price of $32.38 on March 11, 2025.
Summary
- On March 11, 2025, Leslie Swanson Gallardo, the EVP and Chief Operating Officer of Tanger Inc. (SKT), sold 12,500 shares of common stock.
- The sale was executed at a weighted average price of $32.38, with individual transactions ranging from $32.31 to $32.53.
- Following the transaction, Ms. Swanson Gallardo directly owns 113,158 shares of Tanger Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral. This is a standard disclosure of stock sales by an executive and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is common in the real estate investment trust (REIT) industry and among publicly traded companies.
Stakeholder Impact
- The sale of shares by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction: Sale of 12,500 shares of common stock. |
| 03/12/2025 | Date of signature by attorney-in-fact. |
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