BILERMAN MICHAEL J (See Remarks) exercised options at TANGER INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 3/23/2026ACC: 0001628280-26-020551
-20.60K
Net shares
Net seller
$730.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
74.50K acquired · 95.11K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+74.50K
Price / share
—
Trade value
—
% of position
60.8%
3/20/2026
122.53K→197.03K
Common Stock
Direct
Shares
−20.60K
Price / share
$35.48
Trade value
$730.92K
% of position
10.5%
3/20/2026
197.03K→176.43K
Total
Net shares
+53.90K
Net value
-$730.92K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/20/2026 | M · Option Exercise | +74.50K | — | — | 60.8% | 122.53K | 197.03K |
| Common Stock Direct | 3/20/2026 | F · Tax Withholding | −20.60K | $35.48 | $730.92K | 10.5% | 197.03K | 176.43K |
| Total | +53.90K | -$730.92K | ||||||
Derivative Transactions1
Notional Units
Direct
Converts to
Common Stock
74.50K shares
Shares
−74.50K
Strike price
Held after
0.00
Exercisable
—
3/20/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Notional Units Direct | Common Stock74.50K shares | 3/20/2026 | M · Option Exercise | −74.50K | — | 0.00 |