SPG counsel reports 1,048-share tax withholding
Simon Property Group General Counsel Steven E. Fivel reported a routine share disposition tied to taxes, not an open-market trade.
Rhea-AI Filing Summary
Simon Property Group General Counsel Steven E. Fivel reported a routine share disposition tied to taxes, not an open-market trade. On April 1, 2026, 1,048 shares of common stock were withheld at $186.53 per share to satisfy tax obligations from vesting restricted stock.
After this tax withholding, Fivel directly owns 40,986 shares of Simon Property Group common stock. He also has an additional 383 shares held indirectly through his spouse, reflecting a continuing equity stake after the compensation-related transaction.
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Insider Trade Summary
Exercise Price or Tax Liability: 1,048 shares
Exercise Price or Tax Liability
2 txns
Insider
FIVEL STEVEN E
Role
GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,048 | $186.53 | $195K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,986 shares (Direct);
Common Stock — 383 shares (Indirect, By Spouse)
Footnotes (1)
- F1. Represents tax withholding obligations in connection with the vesting of restricted stock.
Key Figures
Tax-withheld shares: 1,048 shares
Withholding price: $186.53 per share
Direct holdings after transaction: 40,986 shares
+1 more
4 metrics
Tax-withheld shares
1,048 shares
Withheld on April 1, 2026 to cover tax obligations from restricted stock vesting
Withholding price
$186.53 per share
Value used for the 1,048 shares delivered for tax withholding
Direct holdings after transaction
40,986 shares
Common stock directly owned by Steven Fivel following the tax withholding
Indirect spouse holdings
383 shares
Common stock held indirectly through spouse as reported in Form 4
Key Terms
tax withholding, restricted stock, Form 4, indirect ownership
4 terms
tax withholding financial
"Represents tax withholding obligations in connection with the vesting of restricted stock."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
restricted stock financial
"Represents tax withholding obligations in connection with the vesting of restricted stock."
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
indirect ownership financial
"total_shares_following_transaction": "383.0000", "direct_or_indirect": "I", "nature_of_ownership": "By Spouse""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SPG General Counsel Steven Fivel report on this Form 4?
Steven Fivel reported a tax-related share disposition, not a market sale. On April 1, 2026, 1,048 Simon Property Group common shares were withheld at $186.53 per share to cover tax obligations arising from the vesting of restricted stock awards.
Was the SPG Form 4 filing for Steven Fivel an open-market stock sale?
No. The Form 4 shows tax withholding related to restricted stock vesting, not an open-market sale. 1,048 Simon Property Group shares were delivered back at $186.53 per share solely to satisfy tax liabilities on equity compensation.
How is indirect ownership by Steven Fivel’s spouse reported in this SPG Form 4?
The Form 4 lists 383 Simon Property Group shares as indirectly owned, noted as “By Spouse.” This reflects shares beneficially associated with Steven Fivel through his spouse, separate from the 40,986 shares he holds directly after the tax-withholding event.
AI-generated analysis. How Rhea-AI works. Not financial advice.
