Swanson Gallardo Leslie

SKT: COO Leslie Swanson Gallardo sold 17,500 shares at $34.74, reducing holdings 15.9% to 92.7K shares on 2025-09-05.

Leslie Swanson Gallardo, the Chief Operating Officer of Tanger Inc., executed an open-market sale of 17,500 shares for $607,950.00, reducing her stake by 15.9% to 92.7K shares post-transaction. The sale occurred at $34.74 per share while the stock traded at a 30-day gain of 9.8% and 90-day gain of 13.4%, near the top of its 52-week range (only 6.3% below the $37.10 high). Historically across all of his open-market trades, Swanson Gallardo's prior sells—including a September 2024 SKT sale—have been poorly timed against 90-day benchmarks, with an average 90d return of 18.1% after his prior sales, indicating the insider sold before subsequent gains in his cross-ticker track record. While the magnitude of the sale and the insider's operational role in the company merit monitoring, the transaction stands against strong recent price momentum and lacks a consistent pattern of well-timed exits on this ticker or across his broader trading history.

COO Leslie Swanson Gallardo sold 17,900 shares of SKT at $30.74 for $550,246.00 on 2024-09-09.

Leslie Swanson Gallardo, EVP and Chief Operating Officer, sold 17,900 shares (17.3% of pre-transaction holdings) during a period when SKT has appreciated 12.4% over the past 30 days and 11.1% over the past 90 days. The sale occurred at $30.74, which is 1.1% below the 52-week high of $31.24, and the stock has shown recent upward momentum. Post-transaction, Gallardo retains 85,396 shares, representing a substantial continued ownership stake. The transaction is a modest portfolio adjustment by a senior executive at a company with solid fundamentals—$128,956,000 in quarterly revenue and $24,840,000 in quarterly net income on a $3.4B market cap—without material event context or prior track record data provided to establish pattern or context for the sale.