Simon Property Group insider dividend reinvestment adds 34 shares to Nina Jones

Rhea-AI Filing Summary

Nina P. Jones, a director of Simon Property Group (SPG), reported a transaction on Form 4 showing a non-derivative common stock acquisition related to dividend reinvestment. The filing records a transaction dated 09/30/2025 listed as Code P and shows 34 shares acquired at a price of $185.95 per share through reinvestment of dividends on restricted stock granted under the Simon Property Group, L.P. 2019 Stock Incentive Plan. After the reported transaction, the filing lists 2,996 shares beneficially owned by the reporting person. The Form 4 was signed on behalf of Nina P. Jones by an attorney-in-fact on 10/01/2025.

Insights

Securities Analyst

TL;DR: Routine insider dividend reinvestment; small share acquisition consistent with compensation plan, limited investor impact.

The Form 4 documents a non-derivative acquisition of 34 shares via dividend reinvestment at $185.95 under the company's 2019 Stock Incentive Plan, bringing beneficial ownership to 2,996 shares. This is a non-cash compensation-related transaction (Code P) rather than an open-market purchase or sale, indicating continuation of planned equity compensation mechanics. The size and nature of the transaction are routine for directors receiving restricted stock dividends and are unlikely to materially affect SPG's capitalization or signal a change in insider intent.

Corporate Governance Expert

TL;DR: Compliance filing showing dividend reinvestment on restricted awards; procedural and disclosure requirements met.

The filing appears to satisfy Section 16 reporting obligations by disclosing the reinvestment of dividends into 34 common shares tied to restricted stock awards. The explanation clarifies the transaction arose from the Simon Property Group, L.P. 2019 Stock Incentive Plan. The Form 4 is signed by an attorney-in-fact, indicating proper execution. From a governance perspective, this is a routine disclosure of compensation-related share activity and does not raise immediate governance concerns.

10/01/2025 - 04:51 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Jones Nina P

(Last) (First) (Middle)

7 WHITFIELD ROAD

(Street)

BALTIMORE MD 21210

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SIMON PROPERTY GROUP INC /DE/ [ SPG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/30/2025		P(1)		34	A	$185.95(1)	2,996	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of common stock acquired through the reinvestment of dividends received on restricted stock awarded to the Reporting Person as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan.

	/s/ Nina P. Jones by her attorney-in-fact, Kevin M. Kelly	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Nina P. Jones report on Form 4 for SPG?

The Form 4 reports a non-derivative acquisition of 34 shares of Simon Property Group common stock on 09/30/2025 via dividend reinvestment.

What price was reported for the SPG shares acquired by Nina P. Jones?

The filing shows a price of $185.95 per share for the reported dividend-reinvestment acquisition.

How many SPG shares does Nina P. Jones beneficially own after the transaction?

Following the reported transaction, the Form 4 lists 2,996 shares as beneficially owned by the reporting person.

Why were the shares acquired according to the Form 4 explanation?

The filing explains the shares were acquired through the reinvestment of dividends received on restricted stock awarded under the Simon Property Group, L.P. 2019 Stock Incentive Plan.

When was the Form 4 signed and who signed it?

The Form 4 shows a signature block: /s/ Nina P. Jones by her attorney-in-fact, Kevin M. Kelly dated 10/01/2025.