SIMON PROPERTY (SPG) CEO Simon Eli Surrenders 5,821 Shares for Taxes

What Happened Eli Simon, CEO/President/COO and a director of Simon Property Group (SPG), had 5,821 shares disposed on 2026-08-31 at $214.56 per share, a value of $1,248,954. This disposition was to satisfy tax withholding obligations related to the vesting of restricted stock (not an open-market sale).

Key Details

• Transaction date: 2026-08-31; filing accession: 0001803666-26-000012 (filed 2026-09-01). Filing appears timely (next-day Form 4).
• Price and value: 5,821 shares at $214.56 each = $1,248,954.
• Transaction code: F (tax withholding). Footnote F1: represents tax withholding obligations in connection with the vesting of restricted stock.
• Effect on holdings: The filing reports these shares were disposed to satisfy taxes; the filing does not state the insider’s total shares held after the withholding.

Context Tax-withholding dispositions are routine when restricted stock vests: the company withholds or receives surrendered shares to cover required taxes rather than the insider selling shares on the open market. Such transactions are administrative and do not necessarily indicate the insider’s view of the company’s stock.