Form 4: Tanger Inc. Executive Sells 3,000 Shares of Common Stock

A Tanger Inc. executive, Thomas Joseph Guerrieri JR, sold 3,000 shares of common stock at an average price of $36.27 on November 19, 2024.

Summary

• Thomas Joseph Guerrieri JR, a Senior Vice President and Chief Accounting Officer at Tanger Inc., sold 3,000 shares of the company's common stock.
• The sale occurred on November 19, 2024.
• The shares were sold at a weighted average price of $36.27, with individual transactions ranging from $36.27 to $36.29.
• Following the transaction, Guerrieri directly owns 59,641 shares of Tanger Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of an executive stock sale, with no indication of positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for executives who trade shares in their company. It provides transparency into insider transactions.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The sale of 3,000 shares by an executive is not unusual and is within the normal range of insider transactions.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is generally considered a normal part of market activity.

Key Dates

Keywords

Tanger Inc., stock sale, insider trading, executive, common stock, SKT