Simon Property officer covers taxes with 1,434 shares
SIMON PROPERTY GROUP INC.
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Rhea-AI Filing Summary
SIMON PROPERTY GROUP INC. (SPG) reported that officer Kevin M. Kelly, Assistant General Counsel/Secretary, had 1,434 shares of common stock withheld on 2026-08-31 to satisfy tax obligations upon vesting of restricted stock, at $214.56 per share. Following this, he held 21,297 shares directly and 105 shares indirectly through a 401(k) plan, which includes 1 share acquired via the issuer's dividend reinvestment plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,434 | $214.56 | $308K |
| holding | Common Stock F2 | -- | -- | -- |
Footnotes (2)
- F1. Represents tax withholding obligations in connection with the vesting of restricted stock.
- F2. Includes 1 share of common stock acquired pursuant to the Issuer's dividend reinvestment plan since the Form 4 filed by the Reporting Person on April 2, 2026.
Key Figures
Key Terms
Payment of tax liability by delivering or withholding securities financial
restricted stock financial
dividend reinvestment plan financial
401 (K) Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SPG officer Kevin M. Kelly report on this Form 4?
Did Kevin M. Kelly sell SPG stock on the open market in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.