STOCK TITAN

SPG (SPG) COO Eli Simon settles 3,093 RSUs, withholds 1,263 shares for taxes

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

Rhea-AI Filing Summary

SIMON PROPERTY GROUP INC. executive Eli Simon reported routine equity compensation activity. On March 2, 2026, he exercised 3,093 Restricted Stock Units, receiving the same number of common shares at a price of $0.00 per share as part of RSU settlement.

In a related transaction, 1,263 common shares were disposed of at $203.85 per share to satisfy tax withholding obligations tied to the RSU vesting. Following these transactions, Simon directly owned 58,485 common shares of SIMON PROPERTY GROUP INC.

Positive

  • None.

Negative

  • None.
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*
Simon Eli

(Last) (First) (Middle)
225 W. WASHINGTON ST.

(Street)
INDIANAPOLIS IN 46204

(City) (State) (Zip)
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
X Officer (give title below) Other (specify below)
EVP / CHIEF OPERATING OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/02/2026 M 3,093 A (1) 59,748 D
Common Stock 03/02/2026 F 1,263(2) D $203.85 58,485 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
Restricted Stock Units (1) 03/02/2026 M 3,093 03/02/2026 03/02/2026 Common Stock 3,093 $0 0 D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") represents the contingent right to receive, at settlement, one share of common stock of Simon Property Group, Inc. This transaction represents the settlement of RSUs that vested on March 2, 2026.
2. Represents tax withholding obligations in connection with vesting of RSUs.
/s/ Eli Simon by his attorney-in-fact, Steven E. Fivel 03/04/2026
** 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.

FAQ

What insider transactions did Eli Simon report for SPG on March 2, 2026?

Eli Simon reported the settlement of 3,093 Restricted Stock Units into common shares and a related disposition of 1,263 common shares to cover tax withholding obligations, all dated March 2, 2026, under SIMON PROPERTY GROUP INC.’s equity compensation arrangements.

How many SPG shares did Eli Simon acquire through RSU settlement?

Eli Simon acquired 3,093 shares of SIMON PROPERTY GROUP INC. common stock through the settlement of 3,093 Restricted Stock Units. Each RSU converted into one common share upon vesting on March 2, 2026, at an exercise price of $0.00 per share.

Why were 1,263 SPG common shares disposed of in Eli Simon’s Form 4?

The 1,263 SIMON PROPERTY GROUP INC. common shares were disposed of to satisfy tax withholding obligations related to the vesting and settlement of Restricted Stock Units, at a reported price of $203.85 per share, rather than as an open-market sale transaction.

What is Eli Simon’s direct SPG share ownership after these transactions?

After the reported transactions, Eli Simon directly owned 58,485 shares of SIMON PROPERTY GROUP INC. common stock. This figure reflects the RSU conversion into shares and the related tax-withholding share disposition recorded on March 2, 2026, in the Form 4 filing.

How do the RSUs reported by Eli Simon relate to SPG common stock?

Each Restricted Stock Unit reported by Eli Simon represented a contingent right to receive one share of SIMON PROPERTY GROUP INC. common stock. The Form 4 notes that the 3,093 RSUs vested and settled into an equal number of common shares on March 2, 2026.
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