Simon Property Group (NYSE: SPG) director receives 1,073-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jones Nina P reported acquisition or exercise transactions in this Form 4 filing.
SIMON PROPERTY GROUP INC. director Nina P. Jones received a non-cash grant of 1,073 shares of common stock as restricted stock under the Simon Property Group, L.P. 2019 Stock Incentive Plan. The restricted shares vest one year after the award. Following this grant, she directly holds 4,140 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jones Nina P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,073 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,140 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock granted: 1,073 shares
Shares held after transaction: 4,140 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
Restricted stock granted
1,073 shares
Non-cash award under 2019 Stock Incentive Plan
Shares held after transaction
4,140 shares
Direct ownership following grant
Grant price per share
$0.0000 per share
Reported transaction price for restricted stock award
Vesting period
1 year
Restricted stock vests one year after award
Key Terms
restricted stock, non-cash compensation, 2019 Stock Incentive Plan
3 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."
FAQ
What did SPG director Nina P. Jones report on this Form 4?
Nina P. Jones reported receiving a grant of 1,073 shares of Simon Property Group common stock. This was a non-cash award of restricted stock under the company’s 2019 Stock Incentive Plan, increasing her direct holdings to 4,140 shares after the transaction.
Was the SPG transaction a stock purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. Jones received 1,073 shares of restricted common stock as non-cash compensation under the 2019 Stock Incentive Plan, with no price paid per share reported in the filing.
What are the vesting terms of Nina P. Jones’s SPG restricted stock award?
The restricted stock award vests one year after the grant date. Until vesting, the 1,073 shares are subject to restrictions as part of the Simon Property Group, L.P. 2019 Stock Incentive Plan, as described in the Form 4 footnote.
Is the SPG restricted stock grant to Nina P. Jones a cash transaction?
No, the grant is explicitly described as non-cash compensation. The 1,073 restricted shares were awarded under the Simon Property Group, L.P. 2019 Stock Incentive Plan, with a reported price per share of $0.0000 in the Form 4 data.