GLASSCOCK LARRY C 4
Research Summary
AI-generated summary
Simon Property (SPG) Director Larry Glasscock Buys 373 Shares
What Happened
- Larry C. Glasscock, a director of Simon Property Group, acquired 373 shares on 2026-03-31 at $183.80 per share, a total value of approximately $68,557. The transaction is reported with code "P" (purchase).
Key Details
- Transaction date and price: 2026-03-31 at $183.80 per share.
- Total value: ~$68,557 for 373 shares.
- Shares owned after the transaction: not specified in the filing.
- Footnote: F1 states these shares were acquired through reinvestment of dividends received on restricted stock awarded as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan.
- Filing timeliness: Report filed 2026-04-01 for a 2026-03-31 transaction; no late-filing indication in the submission.
Context
- While coded as a purchase, the footnote indicates these shares were obtained via dividend reinvestment on restricted stock (non-cash compensation), which is generally a routine administrative action rather than an active open-market buy. Purchases can be viewed as a positive signal, but dividend reinvestment is typically less informative about an insider’s market view.