Earnings Feed
Start Free
$SPG·8-K

SIMON PROPERTY GROUP INC. · May 15, 10:14 AM ET

Compare

SIMON PROPERTY GROUP INC. 8-K

Research Summary

AI-generated summary

Updated

Simon Property Group Reports 2026 Annual Meeting Vote Results

What Happened
Simon Property Group Inc. filed an 8-K on May 15, 2026 reporting the results of its annual meeting held May 13, 2026. Shareholders elected the company’s slate of directors to serve until the 2027 annual meeting, approved an advisory vote on named executive officer compensation, and ratified Ernst & Young LLP as the company’s independent registered public accounting firm for 2026. The voting trustee voted all 8,000 outstanding Class B shares in favor of Eli Simon and Richard S. Sokolov.

Key Details

  • Directors elected (votes FOR / AGAINST / ABSTAIN / BROKER NON-VOTE):
    • Glyn F. Aeppel: 241,694,842 / 33,604,264 / 720,535 / 18,859,613
    • Martin J. Cicco: 274,282,526 / 1,007,486 / 729,629 / 18,859,613
    • Larry C. Glasscock: 254,053,957 / 21,231,949 / 733,735 / 18,859,613
    • Nina P. Jones: 273,189,865 / 2,116,230 / 713,546 / 18,859,613
    • Reuben S. Leibowitz: 250,569,867 / 24,703,016 / 746,758 / 18,859,613
    • Randall J. Lewis: 273,152,875 / 2,144,178 / 722,588 / 18,859,613
    • Gary M. Rodkin: 265,125,478 / 10,171,460 / 722,703 / 18,859,613
    • Peggy Fang Roe: 265,527,365 / 9,284,229 / 1,208,047 / 18,859,613
    • Stefan M. Selig: 270,972,868 / 4,303,478 / 743,295 / 18,859,613
    • Daniel C. Smith, Ph.D.: 262,609,402 / 12,667,524 / 742,715 / 18,859,613
    • Marta R. Stewart: 271,694,426 / 3,608,920 / 716,295 / 18,859,613
  • Class B voting trustee: all 8,000 Class B shares voted FOR Eli Simon and Richard S. Sokolov.
  • Advisory Say-on-Pay (Proposal 2): FOR 191,490,165; AGAINST 83,587,104; ABSTAIN 942,372; NON-VOTE 18,859,613 (approximately 30% of votes cast were against the advisory pay proposal).
  • Auditor ratification (Proposal 3): Ernst & Young LLP ratified with FOR 278,241,875; AGAINST 16,487,065; ABSTAIN 150,314.

Why It Matters
These results confirm the company’s board composition for the coming year and the re-appointment of its auditor. The advisory approval of executive compensation passed but drew substantial opposition (roughly 30% against among votes cast), which is a notable signal from shareholders that may draw attention from management and the board. Investors should note the vote totals and any directors with relatively higher “against” votes as indicators of shareholder sentiment heading into 2026.

Loading document...