Aeppel Glyn 4

What Happened

• Glyn Aeppel, a director of Simon Property Group (SPG), acquired a total of 243 shares on June 30, 2026. The filings show two purchase entries: 199 shares at $223.14 each (≈ $44,404.86) and 44 shares at $224.33 each (≈ $9,870.52), for a combined value of about $54,275.38. These are recorded as purchases (code P).

Key Details

• Transaction dates and prices:
  • 2026-06-30 — 199 shares @ $223.14 (≈ $44,404.86)
  • 2026-06-30 — 44 shares @ $224.33 (≈ $9,870.52)
• Total shares acquired: 243; total value: ≈ $54,275.38.
• Shares owned after transaction: Not specified in the Form 4 provided.
• Footnote: F1 indicates 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 date: 2026-07-01 (filed the day after the transaction); the filing does not appear to be late.

Context

• The transactions are purchases, which can be interpreted as a modest insider buy, but the footnote clarifies these were dividend reinvestments tied to restricted stock awards (routine non-cash compensation), rather than an independent open-market investment decision. As always, such reinvestments are common and may not signal a change in the director’s view of the company.