Cicco Martin J 4
Research Summary
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Simon Property Group Director Martin J. Cicco Receives 299-Share Award
What Happened Martin J. Cicco, a director of Simon Property Group, was granted 299 shares as a restricted stock award (transaction code A) on 2026-02-05. The grant is non-cash compensation; no purchase price is reported. The restricted shares vest on 2027-02-05 per the filing.
Key Details
- Transaction date: 2026-02-05 (reported on Form 4 filed 2026-02-09).
- Price: N/A (award/grant, no cash paid).
- Shares acquired: 299 restricted shares.
- Vesting: 2/5/2027 (see footnote — award under the Simon Property Group, L.P. 2019 Stock Incentive Plan).
- Shares owned after transaction: not specified in this filing.
- Timeliness: Filed 2026-02-09 — appears timely (Form 4 due within two business days of the transaction).
Context This was an equity award for compensation/retention, not an open-market purchase or sale. Restricted stock grants are common for directors and align their interests with shareholders but do not necessarily indicate a personal market view. Purchases and sales often carry more immediate signaling value for investors than routine awards.