Form 4: Tanger Inc. President & CEO Stephen Yalof Reports Tax-Related Share Forfeiture
SEC Form 4 Filing
Stephen Yalof, President & CEO of Tanger Inc., reports a forfeiture of 12,076 common stock shares to cover tax liabilities related to vesting restricted shares.
Summary
- On March 17, 2025, Stephen Yalof, the President & CEO of Tanger Inc. (SKT), reported a transaction on SEC Form 4.
- The transaction involved the forfeiture of 12,076 shares of common stock.
- This forfeiture was solely to satisfy a tax withholding liability related to the vesting of 26,621 restricted shares.
- The price per share for the forfeiture was $31.95.
- Following the transaction, Yalof directly owns 828,263 shares of Tanger Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, and does not indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related share withholding, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of the transaction (share forfeiture) and vesting of restricted shares. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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