Simon Property SVP receives restricted stock award
Simon Property Group senior vice president and assistant treasurer Matthew A. Jackson received an award of 1,361 shares of common stock as restricted stock under the Simon Property Group, L.P.
Rhea-AI Filing Summary
Simon Property Group senior vice president and assistant treasurer Matthew A. Jackson received an award of 1,361 shares of common stock as restricted stock under the Simon Property Group, L.P. 2019 Stock Incentive Plan. This restricted stock is subject to forfeiture unless vesting requirements are satisfied.
To cover tax obligations upon vesting, 447 shares were withheld at $186.53 per share, a non-market, tax-withholding disposition rather than an open-market sale. After these transactions, Jackson directly holds 9,255 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,361 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 447 | $186.53 | $83K |
Footnotes (2)
- 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.
Key Figures
Key Terms
restricted stock financial
stock incentive program financial
2019 Stock Incentive Plan financial
tax withholding obligations financial
vesting requirements financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SPG executive Matthew A. Jackson report?
What plan governed the restricted stock award reported for SPG’s executive?
Does the SPG Form 4 indicate an open-market sale by the executive?
AI-generated analysis. How Rhea-AI works. Not financial advice.