Frank C. Marchisello Jr., Executive VP, CFO, Secretary at TANGER FACTORY OUTLET CENTERS INC (SKT), sold 54,000 shares at $29.01 ($1.6M) on 2012-02-28, disclosed to the SEC on 2012-02-29.
Scheduled sale ($1.6M) by Executive VP, CFO, Secretary under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $29.01 | 21,600 | $627K | 40.0% |
| 2 | $29.05 | 32,400 | $941K | 60.0% |
| Total | $29.03 avg | 54,000 | $1.6M | 100% |
| Filing → |
| SKT | SELL | 2015-03-03 | $2.0M | — | Filing → |
| SKT | SELL | 2015-02-03 | $985K | — | Filing → |
| SKT | SELL | 2015-01-05 | $944K | — | Filing → |