Dividend reinvestment lifts Simon Property (SPG) director’s share holdings

Rhea-AI Filing Summary

Smith Daniel C. reported open-market purchase transactions in this Form 4 filing.

SIMON PROPERTY GROUP INC. director Daniel C. Smith increased his holdings in the company’s common stock through dividend reinvestment. On June 30, 2026, he acquired a total of 372 shares at prices around $223–224 per share.

According to the disclosure, these shares were acquired by reinvesting dividends paid on restricted stock previously awarded to him as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan, modestly adding to his directly held stake.

Insider Trade Summary

Net Buyer: 372 shares ($83,070)

Net Buy 3 txns

Insider Smith Daniel C.

Role null

Bought 372 shs ($83K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	314	$223.14	$70K
Purchase	Common Stock	47	$224.41	$11K
Purchase	Common Stock	11	$223.32	$2K

Holdings After Transaction: Common Stock — 34,422 shares (Direct, null)

Footnotes (1)

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Key Figures

Total shares acquired: 372 shares Purchase lot 1: 11 shares at $223.32 Purchase lot 2: 47 shares at $224.41 +1 more

4 metrics

Total shares acquired 372 shares Common stock acquired on June 30, 2026 via dividend reinvestment

Purchase lot 1 11 shares at $223.32 Common stock, open-market code P on June 30, 2026

Purchase lot 2 47 shares at $224.41 Common stock, open-market code P on June 30, 2026

Purchase lot 3 314 shares at $223.14 Common stock, open-market code P on June 30, 2026

Key Terms

restricted stock, non-cash compensation, dividends received, 2019 Stock Incentive Plan

4 terms

restricted stock financial

"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"

dividends received financial

"acquired through the reinvestment of dividends received on restricted stock"

2019 Stock Incentive Plan financial

"under the Simon Property Group, L.P. 2019 Stock Incentive Plan"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 01:58 PM Accepted by SEC EDGAR 07/01/2026 - 01:58 PM 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^*

Smith Daniel C.

(Last) (First) (Middle)

225 W. WASHINGTON STREET

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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	06/30/2026		P(1)		314	A	$223.14(1)	34,422	D
Common Stock	06/30/2026		P		47	A	$224.41	34,469	D
Common Stock	06/30/2026		P		11	A	$223.32	34,480	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/ Daniel C. Smith by his attorney-in-fact, Steven E. Fivel	07/01/2026
	** 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)

FAQ

What did Simon Property Group (SPG) director Daniel C. Smith do in this Form 4?

Daniel C. Smith reported acquiring additional Simon Property Group common stock. He obtained 372 shares on June 30, 2026, through dividend reinvestment linked to his restricted stock awards, modestly increasing his directly held position rather than executing a large open-market trade.

How many Simon Property Group (SPG) shares did Daniel C. Smith acquire?

He acquired a total of 372 shares of Simon Property Group common stock. The filing shows three purchase entries on June 30, 2026, with 11, 47, and 314 shares, all coded as open-market purchases but explained as dividend reinvestments in the footnote.

At what prices were the Simon Property Group (SPG) shares acquired in this filing?

The reported per-share prices were $223.32, $224.41, and $223.14. These values apply to three separate purchase entries on June 30, 2026, and reflect the transaction prices associated with the dividend reinvestment of restricted stock awards disclosed in the Form 4.

How were the new Simon Property Group (SPG) shares acquired by Daniel C. Smith?

The shares were acquired through reinvestment of dividends on restricted stock. The footnote states dividends paid on his restricted stock awards were automatically reinvested into additional common shares, rather than him making a discretionary cash purchase in the open market.

What plan governed the restricted stock in Daniel C. Smith’s Simon Property Group (SPG) filing?

The restricted stock relates to the Simon Property Group, L.P. 2019 Stock Incentive Plan. Under this plan, Smith received restricted stock as non-cash compensation, and dividends on those awards were reinvested to buy the 372 additional common shares reported in this Form 4.