Dividend reinvestment lifts Simon Property (SPG) director holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cicco Martin J reported open-market purchase transactions in this Form 4 filing.
SIMON PROPERTY GROUP INC. director Martin J. Cicco acquired a total of 15 shares of common stock on June 30, 2026 at prices around $223 per share. The shares were obtained through reinvestment of dividends on restricted stock granted as non-cash compensation, increasing his direct holdings to 1,387 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15 shares ($3,348)
Net Buy
2 txns
Insider
Cicco Martin J
Role
null
Bought
15 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 13 | $223.14 | $3K |
| Purchase | Common Stock | 2 | $223.37 | $446.74 |
Holdings After Transaction:
Common Stock — 1,385 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired (lot 1): 2 shares
Price per share (lot 1): $223.37/share
Shares acquired (lot 2): 13 shares
+3 more
6 metrics
Shares acquired (lot 1)
2 shares
Common Stock at $223.37 on June 30, 2026
Price per share (lot 1)
$223.37/share
Open-market purchase code P, June 30, 2026
Shares acquired (lot 2)
13 shares
Common Stock at $223.14 on June 30, 2026
Price per share (lot 2)
$223.14/share
Open-market purchase code P, June 30, 2026
Total shares acquired
15 shares
Net buy across two transactions on June 30, 2026
Holdings after transaction
1,387 shares
Direct ownership of Common Stock following transactions
Key Terms
reinvestment of dividends, restricted stock, non-cash compensation, 2019 Stock Incentive Plan
4 terms
reinvestment of dividends financial
"Represents shares of common stock acquired through the reinvestment of dividends received on restricted stock"
restricted stock financial
"dividends received on restricted stock awarded to the Reporting Person as non-cash compensation"
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
"restricted stock awarded to the Reporting Person as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan"
2019 Stock Incentive Plan financial
"under the Simon Property Group, L.P. 2019 Stock Incentive Plan"
FAQ
What insider transaction did SPG director Martin J. Cicco report?
Martin J. Cicco reported acquiring 15 shares of SIMON PROPERTY GROUP INC. common stock. The shares came from dividend reinvestment on restricted stock awards, rather than a large discretionary market purchase, and modestly increased his direct ownership stake.