Simon Property Group (SPG) Director Larry Glasscock Buys 367 Shares

What Happened

• Larry C. Glasscock, a director of Simon Property Group (SPG), reported an acquisition of 367 shares on 2026-09-30 at $202.78 per share, a total value of approximately $74,420. The transaction is coded as a purchase (P) but was effected through dividend reinvestment rather than a cash open‑market buy.

Key Details

• Transaction date and price: 2026-09-30, 367 shares at $202.78 each.
• Total value: ~$74,420.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: 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: Form 4 filed 2026-10-01 (timely; within required reporting window).
• Transaction code: P = Purchase (here via dividend reinvestment).

Context

• Although reported as a purchase, this transaction was funded by dividend reinvestment on restricted stock awards—not an open‑market cash buy—so it reflects retention/reinvestment of compensation rather than a new cash investment by the insider.
• Such reinvestments are common for executives and directors receiving restricted stock as part of compensation; they don’t necessarily indicate a change in sentiment about the company.