Tanger Factory Outlet Centers, INC: insider trades · United States · SEC (Form 4)

About Tanger Factory Outlet Centers, INC

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a United States–based publicly listed real estate company focused on owning and operating outlet shopping centers, alongside a smaller but growing set of open-air lifestyle assets. Tanger is one of the best-known names in outlet retail real estate and has been a publicly traded REIT since 1993. The company is headquartered in Greensboro, North Carolina, United States. Founded in 1981 by Stanley K. Tanger, a pioneer of the outlet-center industry, the company helped shape the modern outlet shopping format in the U.S. market. Over time, Tanger evolved from a pure outlet specialist into a broader open-air retail landlord, while keeping its core brand identity centered on value-oriented, brand-name shopping destinations. As of the latest company disclosures, Tanger’s portfolio comprises 38 outlet centers and 3 open-air lifestyle centers, totaling more than 16 million square feet across 22 U.S. states and Canada. Its tenant base includes more than 3,000 stores operated by over 800 brand-name companies, giving the platform a broad retail mix and a diversified rental stream. From a market-positioning perspective, Tanger stands out through its specialization in outlet centers, strong brand recognition, and location strategy. Many of its properties are positioned in tourist markets and high-traffic trade areas, which can support footfall and tenant sales. The company’s model is relatively straightforward for investors to analyze: lease space to national and international retailers, optimize occupancy and tenant mix, and grow cash flow through asset management, redevelopment, and disciplined capital allocation. Tanger’s REIT structure also makes dividend policy a central part of the investment case. Recent developments have been constructive. In early 2026, Tanger reported fourth-quarter and full-year 2025 results, then later reported first-quarter 2026 results and increased full-year 2026 guidance. The company also raised its quarterly dividend in 2026, reflecting confidence in operating performance and cash-flow durability. In addition, Tanger continued to manage its balance sheet actively, including new unsecured term loan financing. For investors, SKT offers a focused U.S. retail real estate exposure on the NYSE, with a blend of income, brand-led retail positioning, and a portfolio that benefits from outlet demand and experiential shopping patterns.