LEIBOWITZ REUBEN S 4
4 · SIMON PROPERTY GROUP INC. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Simon Property Group (SPG) Director Reuben Leibowitz Buys 491 Shares
What Happened Reuben Leibowitz, a director of Simon Property Group (SPG), acquired 491 shares on 2026-03-31 at $183.80 per share, for a total transaction value of approximately $90,246. The Form 4 filed on 2026-04-01 reports the acquisition (transaction code P — purchase).
Key Details
- Transaction date and price: 2026-03-31; 491 shares @ $183.80 each.
- Total value: ~$90,246.
- Transaction type: P (open market or private purchase as reported).
- Shares owned after transaction: Not specified in this filing.
- Filing info: Form 4 filed 2026-04-01 for period ending 2026-03-31; filing does not indicate a late report.
- Footnotes:
- F1 — Shares were acquired through reinvestment of dividends on restricted stock awarded as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan.
- F2 — The reporting person disclaims beneficial ownership of these securities; inclusion here is not an admission of beneficial ownership.
Context Purchases by insiders can signal confidence, but this transaction appears to reflect dividend reinvestment tied to previously awarded restricted stock (per F1), which is often an automatic, compensation-related acquisition rather than an active discretionary market buy. Additionally, F2 states the reporting person disclaims beneficial ownership, which can affect how to interpret the economic interest reported.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-03-31$183.80/sh+491$90,246→ 54,130 total
- 2,500(indirect: By Spouse)
Common Stock
- 10,500(indirect: By Foundation)
Common Stock
[F2] - 2,500(indirect: By Trust)
Common Stock
[F2] - 1,400(indirect: By Trust)
Common Stock
[F2]
Footnotes (2)
- [F1]Represents 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.
- [F2]The Reporting Person disclaims beneficial ownership of these securities and the inclusion of these shares in the report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.