Simon Property (NYSE: SPG) director adds 373 shares through dividend reinvestment plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLASSCOCK LARRY C reported open-market purchase transactions in this Form 4 filing.
SIMON PROPERTY GROUP INC. director Larry C. Glasscock acquired additional common stock through a dividend reinvestment transaction. On March 31, 2026, he acquired 373 shares of common stock at $183.80 per share, increasing his directly held position to 44,272 shares.
According to the footnote, these shares were acquired by reinvesting dividends received on restricted stock previously awarded to him as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan. This reflects a routine, plan-related increase in his equity holdings rather than a discretionary open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 373 shares ($68,557)
Net Buy
1 txn
Insider
GLASSCOCK LARRY C
Role
Director
Bought
373 shs ($69K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 373 | $183.80 | $69K |
Holdings After Transaction:
Common Stock — 44,272 shares (Direct)
Footnotes (1)
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Key Figures
Shares acquired: 373 shares
Transaction price: $183.80 per share
Shares held after transaction: 44,272 shares
+1 more
4 metrics
Shares acquired
373 shares
Common stock acquired on March 31, 2026
Transaction price
$183.80 per share
Price for the 373-share acquisition
Shares held after transaction
44,272 shares
Direct common stock holdings following the purchase
Net buy shares
373 shares
Net share change from reported 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 Larry C. Glasscock report?
Larry C. Glasscock reported acquiring 373 shares of Simon Property Group common stock. The shares were obtained on March 31, 2026 at $183.80 per share through a dividend reinvestment tied to restricted stock compensation, increasing his directly held stake to 44,272 shares.
How significant is Larry C. Glasscock’s latest SPG stock acquisition?
The transaction adds 373 shares to Larry C. Glasscock’s holdings, bringing him to 44,272 shares. It is relatively small and arises from automatic dividend reinvestment on restricted stock compensation, indicating a routine, plan-related adjustment rather than a large, discretionary insider buy.