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Dividend reinvestment boosts Simon Property (SPG) director’s share stake

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

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

SIMON PROPERTY GROUP INC. director Randall J. Lewis increased his holdings in the company’s common stock through dividend reinvestment. On June 30, 2026, 62 shares of common stock were acquired at prices of $223.51 and $223.14 per share.

According to the footnote, these shares were acquired through the reinvestment of dividends paid on restricted stock previously awarded as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan. Following these transactions, Lewis directly holds 7,018 shares of Simon Property Group common stock.

Positive

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Insider LEWIS RANDALL J
Role null
Bought 62 shs ($14K)
Type Security Shares Price Value
Purchase Common Stock 58 $223.14 $13K
Purchase Common Stock 4 $223.51 $894.04
Holdings After Transaction: Common Stock — 7,014 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Total shares acquired 62 shares Common stock acquired on June 30, 2026
First purchase price $223.51 per share 4 shares of common stock on June 30, 2026
Second purchase price $223.14 per share 58 shares of common stock on June 30, 2026
Post-transaction holdings 7,018 shares Common stock directly owned after transactions
Transaction type Dividend reinvestment on restricted stock Under Simon Property Group, L.P. 2019 Stock Incentive Plan
restricted stock financial
"dividends received on restricted stock awarded to the Reporting Person as non-cash compensation"
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 under the Simon Property Group, L.P. 2019 Stock Incentive Plan"
dividends financial
"shares of common stock acquired through the reinvestment of dividends received on restricted stock"
Dividends are cash payments a company gives to its shareholders from profits or cash reserves, effectively sharing part of its earnings with owners. They matter to investors because they provide a steady income stream, act like an interest or rent payment on owning the stock, and signal management’s confidence in the business—factors that influence total return and share price. Regular or special dividends can change an investor’s income and reinvestment strategy.
2019 Stock Incentive Plan financial
"under the Simon Property Group, L.P. 2019 Stock Incentive Plan"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
225 W. WASHINGTON STREET

(Street)
INDIANAPOLIS INDIANA 46204

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026P(1)58A$223.14(1)7,014D
Common Stock06/30/2026P4A$223.517,018D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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. Kelly07/01/2026
** Signature of Reporting PersonDate
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 did Simon Property Group (SPG) director Randall J. Lewis report in this Form 4?

Randall J. Lewis reported acquiring additional Simon Property Group common stock. He obtained 62 shares on June 30, 2026 through dividend reinvestment linked to restricted stock awards, increasing his direct holdings to 7,018 shares according to the Form 4 disclosure.

How many Simon Property Group (SPG) shares did Randall J. Lewis acquire and at what prices?

Randall J. Lewis acquired a total of 62 SPG common shares. The transactions occurred at prices of $223.51 per share for 4 shares and $223.14 per share for 58 shares, all dated June 30, 2026 in the Form 4.

How were the new Simon Property Group (SPG) shares acquired by Randall J. Lewis?

The new SPG shares were acquired through dividend reinvestment. The Form 4 footnote states dividends on previously awarded restricted stock were reinvested to buy common shares under the Simon Property Group, L.P. 2019 Stock Incentive Plan.

What is Randall J. Lewis’s total Simon Property Group (SPG) holding after these transactions?

After the reported transactions, Randall J. Lewis directly holds 7,018 shares of Simon Property Group common stock. This total reflects the addition of the 62 shares acquired on June 30, 2026 through dividend reinvestment of restricted stock dividends.