SPG CEO reports tax withholding of 2,030 shares

SIMON PROPERTY GROUP INC. director and CEO Eli Simon reported a routine tax-related share disposition.

Rhea-AI Filing Summary

SIMON PROPERTY GROUP INC. director and CEO Eli Simon reported a routine tax-related share disposition. On the vesting of restricted stock, 2,030 shares of common stock were withheld at a price of $186.53 per share to satisfy tax obligations. After this tax withholding, he directly holds 56,455 shares of common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 2,030 shares

Exercise Price or Tax Liability 1 txn

Insider Simon Eli

Role CEO/PRESIDENT/COO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,030	$186.53	$379K

Holdings After Transaction: Common Stock — 56,455 shares (Direct)

Footnotes (1)

1. F1. Represents tax withholding obligations in connection with the vesting of restricted stock.

Key Figures

Tax-withholding shares: 2,030 shares Withholding price: $186.53 per share Shares held after transaction: 56,455 shares

3 metrics

Tax-withholding shares 2,030 shares Shares withheld for taxes on restricted stock vesting

Withholding price $186.53 per share Value used for tax-withholding disposition

Shares held after transaction 56,455 shares Direct common stock holdings after tax withholding

Key Terms

tax withholding, restricted stock, Form 4

3 terms

tax withholding financial

"Represents tax withholding obligations in connection with the vesting of restricted stock."

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

restricted stock financial

"Represents tax withholding obligations in connection with the vesting of restricted stock."

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SPG CEO Eli Simon report on this Form 4?

Eli Simon reported a tax-related disposition of 2,030 shares of SIMON PROPERTY GROUP common stock. These shares were withheld to cover tax obligations when restricted stock vested, a routine administrative event rather than an open-market sale or discretionary trade.

Was the SPG Form 4 transaction an open-market sale of shares?

No, the SPG Form 4 shows no open-market sale. Instead, 2,030 shares were withheld at $186.53 per share to satisfy tax obligations tied to restricted stock vesting, meaning the shares went back to the issuer rather than being sold in the market.

How many SIMON PROPERTY GROUP shares does Eli Simon hold after this Form 4 filing?

After the reported tax-withholding disposition, Eli Simon directly holds 56,455 shares of SIMON PROPERTY GROUP common stock. This figure reflects his position following the withholding of 2,030 shares connected to the vesting of restricted stock awards.

What does transaction code F mean in the SPG Form 4 filing?

Transaction code F indicates a disposition of shares to satisfy obligations such as taxes or exercise price. In this SPG filing, 2,030 shares were delivered back at $186.53 per share to cover tax liabilities from restricted stock vesting, not a voluntary market sale.

Does the SPG Form 4 suggest a change in insider sentiment by Eli Simon?

The Form 4 reflects a tax-withholding disposition, which is typically a mechanical event. Shares were withheld to cover taxes when restricted stock vested, so it does not, by itself, indicate a change in Eli Simon’s view of SIMON PROPERTY GROUP stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 03:25 PM EDT Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Simon Eli

(Last) (First) (Middle)

225 W. WASHINGTON ST.

(Street)

INDIANAPOLIS INDIANA 46204

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO/PRESIDENT/COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

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

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

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	04/01/2026		F		2,030(1)	D	$186.53	56,455	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 tax withholding obligations in connection with the vesting of restricted stock.

	/s/ Eli Simon by his attorney-in-fact, Steven E. Fivel	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)