Form 4: Tanger Inc. SVP, CAO Thomas Joseph Guerrieri JR Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Thomas Joseph Guerrieri JR, SVP, CAO of Tanger Inc., reports a transaction involving the forfeiture of 1,141 shares of common stock to satisfy a tax withholding liability.
Summary
- On March 15, 2024, Thomas Joseph Guerrieri JR, SVP, CAO of Tanger Inc., reported a transaction on SEC Form 4.
- The transaction involved the forfeiture of 1,141 shares of Tanger Inc. common stock.
- The forfeiture was undertaken to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.
- Following the transaction, Guerrieri directly owns 62,641 shares of Tanger Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for corporate officers.
Stakeholder Impact
- The transaction has a negligible impact on shareholders as it is a small forfeiture of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Forfeiture of shares to cover tax liability. |
| 03/18/2024 | Date of signature for the report. |
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