In 2020, Steven B. Tanger earned $2.59M in total compensation at Tanger, including $735.58K salary, $345.67K bonus and $1.22M in stock. Most recently acquired 6,535 shares in Feb 2024. Currently holds stock worth $32.17M. Has donated $39.27M in stock to charitable causes. Led Tanger as CEO for 11 years.
Compensation History
Annual executive compensation data for Steven B. Tanger, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$2.59M
Salary
$735.58K
Bonus
$345.67K
Other
$291.48K
Salary
$735.58KBoard Justification
The compensation philosophy is designed to attract, retain, and motivate experienced executives while aligning their interests with those of shareholders through performance-based incentives.
Bonus
$345.67KBoard Justification
Discretionary bonus approved by the Board of Directors in excess of the amount earned under the annual Cash Bonus Plan.
Other Compensation
$291.48KBoard Justification
Includes car allowance, life insurance premiums, dividends on unvested restricted shares, 401(k) contributions, and other benefits.
Restricted Stock
Board Justification
Restricted Common Shares that vest at a rate of 33.33% per year, with vesting dates on 2/15/2021, 2/15/2022 and 2/15/2023.
Performance Metrics
Performance metrics include Core FFO, Same Center NOI, and other strategic objectives.
Steven B. Tanger
Ex-CEO of Tanger
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Real Estate
Born
January 1, 1949 - 76 years ago
CEO of Tanger for
11 years 3 months (Jan 2009 - Apr 2020)
Previous Experience
President and Chief Operating Officer of Tanger Factory Outlet Centers, Inc.
Holdings
Track Steven B. Tanger's stock holdings and portfolio value over time.
Total Stock Sold
$25.70M
$25.70M
1,015,302 SKT shares
What if they kept their stock?
If Steven B. Tanger didn't sell their stock, today they would have:
Extra SKT1,015,302 shares worth $32.58M.
This is 26.77% and $6.88M more than what they got when they sold the stock.
Charitable Transactions
1,223,793 shares
SKT
Recent Charitable Transactions
5,000 shares
SKT
Dec 31, 2018
Charity
134,400 shares
SKT
Mar 4, 2014
Charity
18,000 shares
SKT
Feb 11, 2014
Charity
18,000 shares
SKT
Apr 3, 2013
Charity
129,600 shares
SKT
Mar 5, 2013
Charity
36,595 shares
SKT
Jan 24, 2013
Charity
Insider Trading
Steven B. Tanger's recent stock transactions, purchases, and sales filed with the SEC.
6,535 shares
SKT
Feb 15, 2024
Received
$4.16M
SKT at $25.88/share
Dec 1, 2023
Sale
$1.64M
SKT at $25.50/share
Nov 27, 2023
Sale
$1.88M
SKT at $25.01/share
Nov 21, 2023
Sale
$6.55M
SKT at $21.84/share
Jun 12, 2023
Sale
22,819 shares
SKT
Mar 14, 2023
Received
$1.50M
SKT at $20.00/share
Feb 2, 2023
Sale
$975.00K
SKT at $19.50/share
Nov 14, 2022
Sale
$950.00K
SKT at $19.00/share
Nov 3, 2022
Sale
36,102 shares
SKT
Feb 23, 2022
Received
Rivals
Compare Steven B. Tanger with competitor CEOs and industry peers.
Steven P. Grimes
CEO of Kite Realty Group
2023 Compensation
Stock
$6.54M
Salary
$950.00K
Bonus
$2.85M
Other
$36.33K
Total Holdings
$19.60M
Conor C. Flynn
CEO of Kimco Realty
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$2.92M
Other
$26.34K
Total Holdings
$57.98M
Donald C. Wood
CEO of Federal Realty
2023 Compensation
Stock
$5.55M
Salary
$1.00M
Bonus
$1.41M
Other
$33.01K
Total Holdings
$98.53K
John P. Case
CEO of Realty Income
2023 Compensation
Stock
$7.40M
Salary
$1.00M
Bonus
$4.06M
Other
$674.91K
Total Holdings
$434.64K
Sumit Roy
CEO of Realty Income
2023 Compensation
Stock
$5.96M
Salary
$1.00M
Bonus
$4.06M
Other
$674.91K
Total Holdings
$40.70M