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  4. [Form 4] SIMON PROPERTY GROUP INC. Insider Trading Activity

Director adds 232 Simon Property (NYSE: SPG) shares via dividends

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

Rhea-AI Filing Summary

RODKIN GARY M reported open-market purchase transactions in this Form 4 filing.

Simon Property Group director Gary M. Rodkin acquired additional stock through the company’s equity plan. On March 31, 2026, he obtained 232 shares of common stock at $183.80 per share via reinvestment of dividends on restricted stock granted as non-cash compensation. Following this transaction, he directly holds 19,687 shares of Simon Property Group common stock.

Positive

  • None.

Negative

  • None.
Insider RODKIN GARY M
Role Director
Bought 232 shs ($43K)
Type Security Shares Price Value
Purchase Common Stock 232 $183.80 $43K
Holdings After Transaction: Common Stock — 19,687 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares acquired 232 shares Common stock obtained on March 31, 2026 via dividend reinvestment
Purchase price $183.80 per share Price for the 232 Simon Property Group common shares
Post-transaction holdings 19,687 shares Total Simon Property Group common shares held directly after the transaction
Net share change 232 shares Net increase in holdings reported in this Form 4
restricted stock financial
"restricted stock awarded to the Reporting Person as non-cash compensation"
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.
reinvestment of dividends financial
"shares of common stock acquired through the reinvestment of dividends received"
non-cash compensation financial
"restricted stock awarded to the Reporting Person as non-cash compensation"
2019 Stock Incentive Plan financial
"under the Simon Property Group, L.P. 2019 Stock Incentive Plan"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
RODKIN GARY M
(Last)(First)(Middle)
109 PATTERSON AVENUE
(Street)
GREENWICH CONNECTICUT 06830
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
SIMON PROPERTY GROUP INC. [ SPG ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026P(1)232A$183.8(1)19,687D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock acquired through the reinvestment of dividends received on restricted stock awarded to the Reporting Person as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan.
/s/ Gary M. Rodkin by his attorney-in-fact, Steven E. Fivel04/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did SPG director Gary M. Rodkin report?

Gary M. Rodkin reported acquiring Simon Property Group common stock. He obtained 232 shares through dividend reinvestment tied to restricted stock awards, rather than a discretionary open-market trade, under the Simon Property Group, L.P. 2019 Stock Incentive Plan.

How many Simon Property Group (SPG) shares did Gary M. Rodkin acquire and at what price?

He acquired 232 shares of Simon Property Group common stock at $183.80 per share. The acquisition reflects dividend reinvestment on existing restricted stock awards, recorded as an open-market purchase transaction in the Form 4 data.

How many Simon Property Group (SPG) shares does Gary M. Rodkin own after this Form 4 transaction?

After the reported transaction, Gary M. Rodkin directly owns 19,687 shares of Simon Property Group common stock. This total includes the 232 shares acquired through reinvested dividends on restricted stock granted as non-cash compensation under the company’s 2019 Stock Incentive Plan.

Was Gary M. Rodkin’s SPG transaction an open-market purchase or part of compensation?

The Form 4 codes describe it as an open-market purchase, but the footnote explains it represents shares acquired through reinvestment of dividends on restricted stock. Those restricted shares were originally awarded as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan.

What is the role of the Simon Property Group, L.P. 2019 Stock Incentive Plan in this SPG Form 4?

The 2019 Stock Incentive Plan provided restricted stock to Gary M. Rodkin as non-cash compensation. Dividends paid on that restricted stock were automatically reinvested, resulting in the acquisition of 232 additional common shares disclosed in this Form 4 filing.