Simon Property Group (SPG) director receives 1,122-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aeppel Glyn reported acquisition or exercise transactions in this Form 4 filing.
Simon Property Group director Glyn Aeppel received a non-cash grant of 1,122 shares of common stock as restricted stock under the Simon Property Group, L.P. 2019 Stock Incentive Plan. The restricted stock vests one year after the award. Following this grant, Aeppel directly holds 20,824 shares of Simon Property Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aeppel Glyn
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,122 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,824 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 1,122 shares
Grant price per share: $0.0000 per share
Total holdings after grant: 20,824 shares
+1 more
4 metrics
Restricted stock grant
1,122 shares
Non-cash award under 2019 Stock Incentive Plan
Grant price per share
$0.0000 per share
Reported transaction price for restricted stock award
Total holdings after grant
20,824 shares
Common stock directly owned by Glyn Aeppel after transaction
Vesting period
1 year
Restricted stock vests one year after the award date
Key Terms
restricted stock, non-cash compensation, 2019 Stock Incentive Plan, vests
4 terms
restricted stock financial
"Non-cash compensation - Award of restricted stock under the Simon Property Group, L.P. 2019 Stock Incentive Plan."
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
"Non-cash compensation - Award of restricted stock under the Simon Property Group, L.P. 2019 Stock Incentive Plan."
2019 Stock Incentive Plan financial
"Award of restricted stock under the Simon Property Group, L.P. 2019 Stock Incentive Plan."
vests financial
"The restricted stock vests one year after the award."
FAQ
What insider transaction did SPG director Glyn Aeppel report on this Form 4?
SPG director Glyn Aeppel reported acquiring 1,122 shares of common stock as a non-cash restricted stock award. The grant was made under the Simon Property Group, L.P. 2019 Stock Incentive Plan and represents compensation rather than an open-market share purchase.
Is the SPG Form 4 transaction a stock purchase or a compensation grant?
The SPG Form 4 transaction is a compensation grant, not a purchase. Glyn Aeppel received 1,122 restricted shares as non-cash compensation under the 2019 Stock Incentive Plan, with no price paid per share, reflecting standard equity-based director compensation.