SPG director buys 491 shares at $183.80
Simon Property Group director Reuben S. Leibowitz bought 491 shares of common stock in an open-market purchase at $183.80 per share.
Rhea-AI Filing Summary
Simon Property Group director Reuben S. Leibowitz bought 491 shares of common stock in an open-market purchase at $183.80 per share. After this transaction, he directly owns 54,130 shares, so the trade modestly increases his personal stake.
He also has indirect interests in additional shares held by his spouse, the Leibowitz Foundation, the Maxsim Charitable Remainder Trust, and other trusts. A footnote explains that some shares were acquired through reinvested dividends on restricted stock granted as non-cash compensation under the company’s 2019 Stock Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 491 shares
Net Buy
5 txns
Insider
LEIBOWITZ REUBEN S
Role
Director
Bought
491 shs ($90K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 491 | $183.80 | $90K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 54,130 shares (Direct);
Common Stock — 2,500 shares (Indirect, By Spouse);
Common Stock — 10,500 shares (Indirect, By Leibowitz Foundation);
Common Stock — 2,500 shares (Indirect, By Maxsim Charitable Remainder Trust);
Common Stock — 1,400 shares (Indirect, By trusts)
Footnotes (2)
- 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.
- F2. The Reporting Person disclaims beneficial ownership of these securities and the inclusion of these shares in the report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.
Key Figures
Shares purchased: 491 shares
Purchase price: $183.80 per share
Direct holdings after transaction: 54,130 shares
+4 more
7 metrics
Shares purchased
491 shares
Open-market purchase of common stock
Purchase price
$183.80 per share
Price paid for 491 common shares
Direct holdings after transaction
54,130 shares
Common stock directly owned by Leibowitz
Spouse indirect holdings
2,500 shares
Common stock held indirectly by spouse
Leibowitz Foundation holdings
10,500 shares
Common stock held indirectly by Leibowitz Foundation
Maxsim Charitable Remainder Trust
2,500 shares
Common stock held indirectly by Maxsim Charitable Remainder Trust
Other trusts holdings
1,400 shares
Common stock held indirectly by trusts
Key Terms
open-market purchase, restricted stock, non-cash compensation, 2019 Stock Incentive Plan, +1 more
5 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
restricted stock financial
"shares of common stock acquired through the reinvestment of dividends received on restricted stock awarded"
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 plan"
2019 Stock Incentive Plan financial
"non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan"
charitable remainder trust financial
"indirect ownership listed as By Maxsim Charitable Remainder Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SPG director Reuben S. Leibowitz report?
Reuben S. Leibowitz reported an open-market purchase of 491 shares of Simon Property Group common stock. The shares were bought at $183.80 per share, modestly increasing his direct ownership position in the company’s equity.
Was the SPG insider transaction a purchase or a sale?
The Form 4 shows a purchase. Reuben S. Leibowitz executed an open-market buy of 491 common shares of Simon Property Group at a price of $183.80 per share, increasing his direct holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
