SIMON PROPERTY GROUP INC.·4

Apr 1, 3:54 PM ET

SELIG STEFAN M 4

Research Summary

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Simon Property Group (SPG) Director Stefan M. Selig Buys 206 Shares

What Happened
Stefan M. Selig, a director of Simon Property Group (SPG), acquired 206 shares on 2026-03-31 at $183.80 per share, for a total reported value of $37,863. The Form 4 reports this as a purchase (code P), but a footnote clarifies the shares were obtained through reinvestment of dividends on restricted stock awarded as non-cash compensation.

Key Details

  • Transaction date and price: 2026-03-31 at $183.80 per share.
  • Shares acquired: 206 shares; total value reported $37,863.
  • Footnote: Shares were acquired via reinvestment of dividends on restricted stock awarded under the Simon Property Group, L.P. 2019 Stock Incentive Plan.
  • Filing: Report filed 2026-04-01 (no indication in the filing excerpt that it was late).
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.

Context
This acquisition resulted from dividend reinvestment on restricted stock (non-cash compensation), rather than a discretionary open-market cash purchase. Dividend reinvestments and compensatory issuances are common and do not necessarily signal a director’s personal decision to buy stock with cash.