Simon Property Group (NYSE: SPG) director boosts holdings with 220-share dividend reinvestment

Rhea-AI Filing Summary

SIMON PROPERTY GROUP INC. director Stefan M. Selig reported acquiring additional common shares of the company. The Form 4 shows two transactions dated June 30, 2026, totaling 220 shares of common stock.

According to the footnote, these shares were acquired through the reinvestment of dividends on restricted stock granted as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan, making this a routine, compensation-related increase rather than a discretionary open-market purchase. After these acquisitions, Selig directly holds 33,812 shares of Simon Property Group common stock.

Insights

Equity compensation and insider-trading analyst

Small, routine dividend-reinvestment buy tied to equity compensation.

Director Stefan M. Selig increased his holdings in SIMON PROPERTY GROUP INC. by 220 common shares on June 30, 2026. The reported prices were around $224.01 and $223.14 per share, but the key detail is how the shares were acquired.

The footnote explains the shares came from reinvesting dividends on restricted stock awarded as non-cash compensation under the 2019 Stock Incentive Plan. That means this is a mechanistic, compensation-related accumulation, not an active open-market buying decision. After the transactions, Selig directly owns 33,812 shares, indicating this filing reflects a minor, routine adjustment rather than a thesis-changing move.

Insider Trade Summary

Net Buyer: 220 shares

Net Buy 2 txns

Insider SELIG STEFAN M

Role Director

Bought 220 shs ($49K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	187	$223.14	$42K
Purchase	Common Stock	33	$224.01	$7K

Holdings After Transaction: Common Stock — 33,812 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Total shares acquired: 220 shares First lot price: $224.01 per share Second lot price: $223.14 per share +1 more

4 metrics

Total shares acquired 220 shares Common stock acquired on June 30, 2026

First lot price $224.01 per share 33-share acquisition on June 30, 2026

Second lot price $223.14 per share 187-share acquisition on June 30, 2026

Shares owned after transactions 33,812 shares Direct SPG common stock holdings post-transaction

Key Terms

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

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"

2019 Stock Incentive Plan financial

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

dividends reinvestment financial

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

FAQ

What did Stefan M. Selig report in the latest SPG Form 4 filing?

Stefan M. Selig reported acquiring 220 shares of SIMON PROPERTY GROUP INC. common stock. The transactions occurred on June 30, 2026 and increased his direct holdings to 33,812 shares, according to the Form 4 disclosure and its accompanying ownership totals.

How were the new SPG shares acquired by director Stefan M. Selig?

The 220 additional SPG shares were acquired through dividend reinvestment on restricted stock. A footnote states dividends on restricted stock awards were reinvested automatically under the Simon Property Group, L.P. 2019 Stock Incentive Plan as part of non-cash compensation.

What prices are shown for Stefan M. Selig’s recent SPG share acquisitions?

The Form 4 lists purchase prices of $224.01 per share for 33 shares and $223.14 per share for 187 shares. These figures reflect the market-based prices assigned to the dividend-reinvestment acquisitions on June 30, 2026 for SIMON PROPERTY GROUP INC.

How many SIMON PROPERTY GROUP (SPG) shares does Stefan M. Selig now own?

After the reported transactions, Stefan M. Selig directly owns 33,812 SPG common shares. This total comes from the post-transaction ownership figure disclosed in the Form 4, which includes the 220 shares acquired through dividend reinvestment on restricted stock.

Are Stefan M. Selig’s recent SPG transactions open-market buys?

Although coded as purchases, the footnote clarifies they result from dividend reinvestment on restricted stock, not discretionary open-market buying. The shares were acquired under the Simon Property Group, L.P. 2019 Stock Incentive Plan as part of non-cash equity compensation.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 02:17 PM Accepted by SEC EDGAR 07/01/2026 - 02:16 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^*

SELIG STEFAN M

(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)		187	A	$223.14(1)	33,779	D
Common Stock	06/30/2026		P		33	A	$224.01	33,812	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/ Stefan M. Selig 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)