SPG EVP granted 2,721 restricted shares
SIMON PROPERTY GROUP INC. executive vice president and treasurer Donald G. Frey received an award of 2,721 shares of restricted common stock on April 1, 2026 under the Simon Property Group, L.P.
Rhea-AI Filing Summary
SIMON PROPERTY GROUP INC. executive vice president and treasurer Donald G. Frey received an award of 2,721 shares of restricted common stock on April 1, 2026 under the Simon Property Group, L.P. 2019 Stock Incentive Plan. These restricted shares are subject to forfeiture if vesting conditions are not met.
To satisfy related tax obligations at vesting, 1,312 shares of common stock were withheld at $186.53 per share, a non‑market, tax-withholding disposition rather than an open-market sale. Following these transactions, Frey directly holds 22,573 common shares and indirectly holds 196 shares through a 401(k) plan, which includes 2 shares acquired via the issuer’s dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Frey Donald G
Role
EVP, TREASURER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,721 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,312 | $186.53 | $245K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,573 shares (Direct);
Common Stock — 196 shares (Indirect, 401 (K) Plan)
Footnotes (3)
- F1. Award of restricted stock under a stock incentive program established pursuant to the Simon Property Group, L.P. 2019 Stock Incentive Plan. The restricted stock included within such award is subject to forfeiture unless recipient satisfies vesting requirements.
- F2. Represents tax withholding obligations in connection with the vesting of restricted stock.
- F3. Includes 2 shares of common stock acquired pursuant to the Issuer's dividend reinvestment plan since the Form 4 filed by the Reporting Person on March 4, 2026.
Key Figures
Restricted stock award: 2,721 shares
Tax-withheld shares: 1,312 shares
Tax withholding price: $186.53 per share
+2 more
5 metrics
Restricted stock award
2,721 shares
Common stock granted April 1, 2026 under 2019 Stock Incentive Plan
Tax-withheld shares
1,312 shares
Shares withheld to cover tax obligations on vesting
Tax withholding price
$186.53 per share
Value used for tax-withholding disposition
Direct holdings after transaction
22,573 shares
Direct SPG common stock owned by Donald G. Frey after Form 4 events
Indirect 401(k) holdings
196 shares
Common stock held indirectly in a 401(k) plan, including 2 DRIP shares
Key Terms
restricted stock, stock incentive program, tax withholding obligations, dividend reinvestment plan, +1 more
5 terms
restricted stock financial
"Award of restricted stock under a stock incentive program"
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.
stock incentive program financial
"under a stock incentive program established pursuant to the Simon Property Group, L.P. 2019 Stock Incentive Plan"
tax withholding obligations financial
"Represents tax withholding obligations in connection with the vesting of restricted stock"
dividend reinvestment plan financial
"acquired pursuant to the Issuer's dividend reinvestment plan since the Form 4"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
401 (K) Plan financial
"nature_of_ownership": "401 (K) Plan""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SPG executive Donald G. Frey report in this Form 4 filing?
Donald G. Frey reported receiving 2,721 shares of restricted common stock under a stock incentive plan and a related tax-withholding share disposition. After these entries, he directly owns 22,573 SPG shares and indirectly holds 196 shares in a 401(k) plan.
Is Donald G. Frey’s SPG Form 4 transaction an open-market stock sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The 1,312 shares at $186.53 per share were withheld to cover tax obligations triggered by vesting of restricted stock, a routine compensation-related mechanism rather than discretionary selling.
What stock incentive plan is referenced in Donald G. Frey’s SPG Form 4?
The restricted stock award was granted under the Simon Property Group, L.P. 2019 Stock Incentive Plan. The filing explains that the restricted stock is subject to forfeiture unless the recipient meets specified vesting requirements set by this stock incentive program.
AI-generated analysis. How Rhea-AI works. Not financial advice.
