GLASSCOCK LARRY C 4

What Happened Larry C. Glasscock, a director of Simon Property Group, acquired a total of 397 shares on June 30, 2026, via three purchase transactions: 330 shares at $223.14 ($73,636), 54 shares at $224.92 ($12,146), and 13 shares at $223.10 ($2,900), for aggregate proceeds of $88,682. These are recorded as purchases (transaction code P), indicating share accumulation rather than sales.

Key Details

• Transaction dates and prices:
  • 330 shares @ $223.14 = $73,636 (2026-06-30)
  • 54 shares @ $224.92 = $12,146 (2026-06-30)
  • 13 shares @ $223.10 = $2,900 (2026-06-30)
• Total shares acquired: 397; total value: $88,682.
• Filing: Report covers period 2026-06-30 and was filed 2026-07-01 (timely).
• Shares owned after transaction: not disclosed in the information provided.
• Footnote F1: The filing states these shares "represent 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." This indicates the purchases resulted from dividend reinvestment related to previously awarded restricted stock rather than necessarily a discretionary open-market buy.

Context Dividend reinvestment tied to restricted stock is a routine compensation-related activity and may differ from a voluntary market purchase. Purchases by directors can be informative to investors, but the footnote suggests these transactions were driven by dividend reinvestment of restricted stock awards rather than an independent, cash-funded investment decision.