LEIBOWITZ REUBEN S 4
4 · SIMON PROPERTY GROUP INC. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Simon Property Director Reuben Leibowitz Receives 1,159-Share Award
What Happened Reuben Leibowitz, a director of Simon Property Group (SPG), was granted 1,159 restricted shares on 2026-05-13 under the Simon Property Group, L.P. 2019 Stock Incentive Plan (transaction coded as an award/acquisition). No purchase price or market value is disclosed on the Form 4; the award is non-cash compensation and the restricted shares vest one year after the grant.
Key Details
- Transaction date: 2026-05-13 (Form 4 filed 2026-05-15; filing appears timely).
- Transaction type/code: Award/Acquisition (A); 1,159 restricted shares granted.
- Price/value: N/A on the filing (no dollar value reported).
- Vesting: Award vests one year after grant (per footnote).
- Shares owned after transaction: Not specified in the filing.
- Footnote: Reporting person disclaims beneficial ownership of these shares (per filing).
Context Restricted stock awards are a form of compensation tied to continued service and typically vest over time; they are not open-market purchases and do not by themselves signal immediate insider buying interest. This transaction reflects compensation to a director rather than a market transaction (sale/exercise).
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-13+1,159→ 55,289 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]Non-cash compensation - Award of restricted stock under the Simon Property Group, L.P. 2019 Stock Incentive Plan. The restricted stock vests one year after the award.
- [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.