Director adds 56 Simon Property Group (NYSE: SPG) shares via dividends

Rhea-AI Filing Summary

LEWIS RANDALL J reported open-market purchase transactions in this Form 4 filing.

Simon Property Group director Randall J. Lewis increased his stake through dividend reinvestment. On this Form 4, he acquired 56 shares of common stock at $183.80 per share via reinvested dividends on previously awarded restricted stock. Following this transaction, he directly holds 5,883 shares of Simon Property Group common stock.

Insider Trade Summary

Net Buyer: 56 shares ($10,293)

Net Buy 1 txn

Insider LEWIS RANDALL J

Role Director

Bought 56 shs ($10K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	56	$183.80	$10K

Holdings After Transaction: Common Stock — 5,883 shares (Direct)

Footnotes (1)

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Key Figures

Shares acquired: 56 shares Purchase price: $183.80 per share Shares owned after: 5,883 shares +1 more

4 metrics

Shares acquired 56 shares Common stock acquired through dividend reinvestment

Purchase price $183.80 per share Value used for reinvested dividends on restricted stock

Shares owned after 5,883 shares Total direct holdings following the transaction

Net shares bought 56 shares Net buy activity reported in this Form 4

Key Terms

restricted stock, non-cash compensation, reinvestment of dividends, 2019 Stock Incentive Plan

4 terms

restricted stock financial

"dividends received on restricted stock awarded to the Reporting Person"

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

"restricted stock awarded to the Reporting Person as non-cash compensation"

reinvestment of dividends financial

"shares of common stock acquired through the reinvestment of dividends"

2019 Stock Incentive Plan financial

"under the Simon Property Group, L.P. 2019 Stock Incentive Plan"

Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

LEWIS RANDALL J

(Last) (First) (Middle)

517 ELLIOT CREEK DRIVE

(Street)

CARMEL INDIANA 46032

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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

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

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

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	03/31/2026		P(1)		56	A	$183.8(1)	5,883	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/ Randall J. Lewis by his attorney-in-fact, Kevin M. Kelly	04/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SPG director Randall J. Lewis report?

Randall J. Lewis reported acquiring 56 shares of Simon Property Group common stock. The shares were obtained through reinvestment of dividends on existing restricted stock awards, rather than a discretionary market purchase, and are reported as an open-market style transaction on Form 4.

At what price did the SPG shares in this Form 4 transaction execute?

The 56 Simon Property Group shares were acquired at $183.80 per share. This price reflects the value used for reinvesting dividends on restricted stock awards granted as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan.

How many Simon Property Group (SPG) shares does Randall J. Lewis now hold?

After the reported transaction, Randall J. Lewis directly holds 5,883 shares of Simon Property Group common stock. This total includes the 56 additional shares acquired through dividend reinvestment linked to his previously granted restricted stock compensation awards.

Was the SPG Form 4 transaction a discretionary buy or dividend reinvestment?

The filing describes the 56-share acquisition as resulting from reinvestment of dividends on restricted stock. Although coded as a purchase, the footnote clarifies it is tied to non-cash compensation under the 2019 Stock Incentive Plan, not a standalone discretionary market trade.

What plan is referenced in Randall J. Lewis’s SPG Form 4 footnote?

The footnote cites the Simon Property Group, L.P. 2019 Stock Incentive Plan. Under this plan, restricted stock awarded as non-cash compensation generated dividends, which were reinvested to acquire 56 additional shares of Simon Property Group common stock for the reporting person.