SPG officer reports tax withholding on 391 shares
SIMON PROPERTY GROUP INC. senior vice president and chief accounting officer Adam Reuille reported a tax-withholding disposition related to equity compensation.
Rhea-AI Filing Summary
SIMON PROPERTY GROUP INC. senior vice president and chief accounting officer Adam Reuille reported a tax-withholding disposition related to equity compensation. On the vesting of restricted stock, 391 shares of common stock were withheld at $186.53 per share to cover tax obligations, rather than sold in the open market. Following this, he directly holds 16,620 shares of common stock and indirectly holds 945 shares through a 401(K) plan, which includes 17 shares acquired via the company’s dividend reinvestment plan since his prior Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 391 shares
Exercise Price or Tax Liability
2 txns
Insider
Reuille Adam
Role
SVP & CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 391 | $186.53 | $73K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,620 shares (Direct);
Common Stock — 945 shares (Indirect, 401(K) Plan)
Footnotes (2)
- F1. Represents tax withholding obligations in connection with the vesting of restricted stock.
- F2. Includes 17 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
Tax-withheld shares: 391 shares
Withholding price: $186.53 per share
Direct holdings after: 16,620 shares
+2 more
5 metrics
Tax-withheld shares
391 shares
Shares withheld for tax on restricted stock vesting
Withholding price
$186.53 per share
Value used for tax-withholding disposition
Direct holdings after
16,620 shares
Direct SPG common stock held by Adam Reuille after transaction
Indirect 401(K) holdings
945 shares
SPG common stock held indirectly via 401(K) plan
DRIP-acquired shares
17 shares
Shares acquired via dividend reinvestment plan since prior Form 4
Key Terms
restricted stock, tax withholding obligations, dividend reinvestment plan, 401(K) Plan
4 terms
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.
tax withholding obligations financial
"Represents tax withholding obligations in connection with the vesting of restricted stock."
dividend reinvestment plan financial
"Includes 17 shares of common stock acquired pursuant to the Issuer's dividend reinvestment plan"
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""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SPG executive Adam Reuille report on this Form 4?
Adam Reuille reported a tax-withholding disposition of restricted stock. The company withheld 391 SPG common shares at $186.53 per share to satisfy tax obligations triggered by vesting, rather than selling shares in the open market.
What does the footnote about SPG’s dividend reinvestment plan indicate for Adam Reuille?
A footnote states his indirect 401(K) holdings include 17 SPG shares acquired through the company’s dividend reinvestment plan. This means some plan dividends were automatically reinvested into additional shares since his prior Form 4 filed on March 4, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
