Simon Property Group (NYSE: SPG) awards 858 RSUs to senior vice president
Rhea-AI Filing Summary
Jackson Matthew A reported acquisition or exercise transactions in this Form 4 filing.
SIMON PROPERTY GROUP INC. granted Senior Vice President and Assistant Treasurer Matthew A. Jackson 858 Restricted Stock Units (RSUs) on March 11, 2026 as equity compensation. Each RSU represents the right to receive one share of common stock at settlement.
The RSUs are issued under the Operating Partnership's 2019 Stock Incentive Plan and are scheduled to vest on March 11, 2029, subject to continued service. Vesting and settlement into common shares may occur earlier upon events such as death, disability, change of control, or approved retirement, as determined by the Compensation and Human Capital Committee. Following this grant, Jackson holds 858 RSUs directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 858 | $0.00 | -- |
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the contingent right to receive, at settlement, one share of common stock of Simon Property Group, Inc. (the "Company"). The RSUs are being issued pursuant to the Operating Partnership's 2019 Stock Incentive Plan (the "Plan"), in compliance with Rule 16b-3. The RSUs will vest on March 11, 2029, subject to a continued service requirement, or may vest and settle earlier due the Reporting Person's death or disability, a change of control of the Company, the retirement of the Reporting Person, subject to the approval of the Company's Compensation and Human Capital Committee (the "Compensation Committee"), or as may otherwise be determined by the Company's Compensation Committee in accordance with the terms of the grant agreement and the Plan. Vested RSUs will be settled in shares of the Company's common stock as soon as practicable after the vesting date.