Simon Eli 4

What Happened
Eli Simon, President, CEO, COO and Director of Simon Property Group (SPG), had 2,030 shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock. The shares were valued at $186.53 each for a total of $378,656. This was a tax-withholding disposition (not an open-market sale) tied to equity vesting and is generally considered routine.

Key Details

• Transaction date: 2026-04-01; price per share: $186.53; total value of shares withheld: $378,656.
• Transaction type/code: F — tax withholding in connection with vesting of restricted stock.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: F1 — represents tax withholding obligations in connection with the vesting of restricted stock.
• Filing date/accession: Form 4 filed 2026-04-02 (appears timely; Form 4s are normally due within two business days).

Context
Tax-withholding dispositions occur when companies withhold or surrender a portion of vested shares to cover required taxes; they reduce the insider’s reported shares but are not the same as selling shares on the open market. Such transactions are typically administrative and do not, by themselves, indicate a change in the insider’s view of the company.