Jones Nina P 4

What Happened
Nina P. Jones, a director of Simon Property Group (SPG), was granted 1,073 restricted shares as a non-cash compensation award on May 13, 2026. The filing reports the award (transaction code A) and does not list a purchase price or aggregate dollar value because this is a grant of restricted stock under the company’s incentive plan. This is an acquisition by award (compensation), not an open-market purchase.

Key Details

• Transaction date: 2026-05-13 (reported on Form 4 filed 2026-05-15).
• Transaction type/code: Award/Grant (A) — non-cash restricted stock award.
• Shares involved: 1,073 restricted shares. Price/total value: N/A in the filing.
• Vesting: Award vests one year after the grant (per filing footnote).
• Shares owned after transaction: Not disclosed in the filing.
• Timeliness: Filing appears timely (filed two days after the transaction).
• Footnote: Award made under the Simon Property Group, L.P. 2019 Stock Incentive Plan; treated as non-cash compensation.

Context
Restricted stock awards are common as director compensation and are primarily a retention/compensation mechanism rather than a direct bullish or bearish trading signal. Because the shares vest after one year and were granted (not purchased), this transaction reflects compensation alignment with the company rather than an outright market investment by the insider.