Simon Property Group (SPG) Director Randall J. Lewis Buys 65 Shares

What Happened
Randall J. Lewis, a director of Simon Property Group (SPG), acquired 65 shares on 2026-09-30 at $202.78 per share, a total value of approximately $13,181. The filing reports the transaction as a purchase (code P), but the shares were obtained through reinvestment of dividends on restricted stock awarded as non-cash compensation.

Key Details

• Transaction date and price: 2026-09-30 @ $202.78 per share.
• Shares acquired: 65; total reported value ≈ $13,181.
• Transaction type: Reported as Purchase (P); footnote F1 states these shares were acquired via dividend reinvestment on restricted stock under the Simon Property Group, L.P. 2019 Stock Incentive Plan.
• Filing: Report filed 2026-10-01 (appears to be within the normal Form 4 reporting window).
• Shares owned after transaction: Not specified in the filing.

Context
This was not an option exercise or a cash open-market buy; it reflects reinvested dividends on restricted shares granted as non-cash compensation. Dividend reinvestments are routine compensation-related transactions and are reported as acquisitions even though no new cash was paid by the insider.