Cicco Martin J 4

What Happened Martin J. Cicco, a director of Simon Property Group, acquired a total of 15 shares of SPG on June 30, 2026. The filing shows two purchase entries: 13 shares at $223.14 each (≈ $2,901) and 2 shares at $223.37 each (≈ $447), for a combined value of about $3,348. These were recorded as purchases (code P) and represent shares received through dividend reinvestment on restricted stock, not an open-market investment decision.

Key Details

• Transaction dates and prices: 2026-06-30 — 13 shares @ $223.14; 2 shares @ $223.37.
• Total shares acquired: 15; total value ≈ $3,348.
• Shares owned after the transaction: not disclosed in this Form 4.
• Footnote: Shares were acquired through reinvestment of dividends on restricted stock awarded as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan.
• Filing: Reported on 2026-07-01 for a 2026-06-30 transaction — filed within the standard Form 4 reporting window (timely).

Context Dividend reinvestment on restricted stock is a common, automatic way insiders receive additional shares and is generally considered routine compensation-related activity rather than an independent bullish purchase. The dollar amount here is small (~$3.3K), so this filing is unlikely to materially change an investor’s view of insider confidence.