Director Randall J. Lewis of Simon Property (NYSE: SPG) granted 1,073 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEWIS RANDALL J reported acquisition or exercise transactions in this Form 4 filing.
SIMON PROPERTY GROUP INC. director Randall J. Lewis received an award of 1,073 shares of common stock as non-cash compensation. The grant is restricted stock issued under the Simon Property Group, L.P. 2019 Stock Incentive Plan and vests one year after the award. Following this grant, he directly holds 6,956 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEWIS RANDALL J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,073 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,956 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 1,073 shares
Grant price: $0.0000 per share
Holdings after grant: 6,956 shares
+1 more
4 metrics
Restricted stock grant
1,073 shares
Award of common stock on 2026-05-13
Grant price
$0.0000 per share
Non-cash compensation award
Holdings after grant
6,956 shares
Total direct SPG common stock held after transaction
Vesting period
One year
Restricted stock vests one year after the award
Key Terms
restricted stock, non-cash compensation, 2019 Stock Incentive Plan, Common Stock
4 terms
restricted stock financial
"Non-cash compensation - Award of restricted stock under the Simon Property Group, L.P. 2019 Stock Incentive Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
non-cash compensation financial
"Non-cash compensation - Award of restricted stock under the Simon Property Group, L.P. 2019 Stock Incentive Plan."
2019 Stock Incentive Plan financial
"Award of restricted stock under the Simon Property Group, L.P. 2019 Stock Incentive Plan."
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did SPG director Randall J. Lewis report?
Randall J. Lewis reported receiving 1,073 shares of SPG common stock as a grant. The award was a non-cash grant of restricted stock, adding to his existing holdings as part of his director compensation.
Was the SPG insider transaction a purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. Lewis received 1,073 shares of restricted common stock at no cash cost as non-cash compensation under a stock incentive plan.
What are the vesting terms of the SPG restricted stock granted to Lewis?
The 1,073 restricted shares granted to Lewis vest one year after the award date. Until vesting, the shares are subject to restrictions under the company’s 2019 Stock Incentive Plan.
Under which plan was the SPG restricted stock granted to Randall J. Lewis?
The restricted stock was granted under the Simon Property Group, L.P. 2019 Stock Incentive Plan. This plan provides equity-based, non-cash compensation awards such as restricted stock to eligible participants.