Simon Property Group (SPG) director adds 216 shares via dividend reinvestment

Rhea-AI Filing Summary

Simon Property Group Inc. director Glyn F. Aeppel reported a routine acquisition of company stock. On 12/31/2025, she acquired 216 shares of common stock at a price of $186 per share, reported as a purchase transaction. After this dividend-related acquisition, she beneficially owns a total of 19,481 shares held directly.

The filing explains that these shares were received through the reinvestment of dividends paid on restricted stock that had been awarded to her as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan. This reflects ongoing participation in the company’s equity compensation and dividend reinvestment arrangements rather than an open-market discretionary trade.

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

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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^*

Aeppel Glyn

(Last) (First) (Middle)

2065 WEST SILVERLAKE DRIVE

(Street)

LOS ANGELES CA 90039

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

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

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

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

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	12/31/2025		P(1)		216	A	$186(1)	19,481	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/ Glyn F. Aeppel by her attorney-in-fact, Steven E. Fivel	01/05/2026
	** 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.

FAQ

What insider transaction did SPG director Glyn F. Aeppel report?

Glyn F. Aeppel reported acquiring 216 shares of Simon Property Group common stock on 12/31/2025, recorded as a purchase transaction.

At what price were the newly acquired SPG shares recorded?

The 216 Simon Property Group shares were reported at a price of $186 per share in the transaction details.

How many Simon Property Group (SPG) shares does the director own after this transaction?

Following the reported acquisition, Glyn F. Aeppel beneficially owns 19,481 shares of Simon Property Group common stock held directly.

Was the SPG insider transaction related to a compensation plan?

Yes. The filing states the 216 shares represent stock acquired through dividend reinvestment on restricted stock awarded under the Simon Property Group, L.P. 2019 Stock Incentive Plan.

Is Glyn F. Aeppel a director or officer of Simon Property Group?

The form identifies Glyn F. Aeppel as a Director of Simon Property Group Inc., with the director box checked in the relationship section.

Does this SPG Form 4 involve derivative securities like options or warrants?

No derivative securities are reported in the completed section; the detailed transaction relates to common stock acquired via dividend reinvestment.