Form 4: Tanger Inc. Executive Leslie Swanson Gallardo Sells 17,900 Shares
SEC Form 4
EVP and Chief Operating Officer of Tanger Inc., Leslie Swanson Gallardo, sold 17,900 shares of common stock at an average price of $30.74 on September 9, 2024.
Summary
- On September 9, 2024, Leslie Swanson Gallardo, EVP and Chief Operating Officer of Tanger Inc. [SKT], sold 17,900 shares of common stock.
- The sale was executed at a weighted average price of $30.74 per share, with individual transactions ranging from $30.74 to $30.86.
- Following the transaction, Ms. Swanson Gallardo directly owns 85,396 shares of Tanger Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an executive stock sale. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of the company are buying or selling shares.
Stakeholder Impact
- Shareholders may react to the news of the stock sale, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of the stock sale transaction. |
| 09/11/2024 | Date of signature on the Form 4 filing. |
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