A Tanger Director Cashed Out $518,000. Is It a Red Flag?
This retail REIT with a broad outlet center footprint saw a significant insider sale following a year of notable share price gains.
Overview
On May 15, 2026, Bridget Ryan Berman, Director at Tanger Inc. (NYSE:SKT), reported an open-market sale of 14,698 shares of common stock, valued at approximately $518,000, per the SEC Form 4 filing.
Transaction value based on SEC Form 4 reported price ($35.24); post-transaction value based on May 15, 2026, market close ($35.27).
Details
* 1-year performance calculated using May 15th, 2026 as the reference date.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.