Guerrieri Thomas Joseph JR 4
4 · TANGER INC. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Tanger (SKT) SVP/CAO Thomas Guerrieri Withholds 744 Shares for Taxes
What Happened Thomas Joseph Guerrieri Jr., SVP and Chief Accounting Officer of Tanger Inc. (SKT), had 744 restricted shares withheld on March 16, 2026 to satisfy tax withholding related to the vesting of restricted stock. The withholding was executed at $35.15 per share, resulting in a value of approximately $26,152. This was a tax-withholding forfeiture (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-16; Filing date: 2026-03-17 (filed promptly the next day).
- Withheld shares: 744 at $35.15 per share; total value ≈ $26,152 (cashless/forfeiture to cover taxes).
- Vesting detail (footnote): 2,614 restricted shares vested on March 16, 2026; 744 were withheld to cover tax liability.
- Transaction code: F (forfeiture/tax withholding).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Report appears timely (filed the day after the transaction).
Context This transaction is a routine tax-withholding event tied to RSU vesting, not a discretionary sale that would signal a direct trading view by the insider. For retail investors, tax withholding on vested awards is common and does not necessarily reflect the insider’s market sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-16$35.15/sh−744$26,152→ 54,603 total
Footnotes (1)
- [F1]This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of shares held by the reporting person. On March 16, 2026, 2,614 restricted shares vested, with 744 shares withheld to cover tax withholding liability.