4/A: Simon Property Group Director Corrects Stock Ownership Reporting Error
SEC Filing
Reuben S. Leibowitz, a director of Simon Property Group, files an amendment to a previous Form 4 to correct the number of shares of common stock directly owned.
Summary
- This is an amendment to a Form 4 filing by Reuben S. Leibowitz, a director of Simon Property Group (SPG).
- The amendment corrects an error in the original filing regarding the number of shares of common stock directly owned by Leibowitz.
- The original Form 4, filed on April 4, 2022, incorrectly stated that Leibowitz directly owned 43,115 shares.
- This amendment clarifies that Leibowitz actually owns 45,615 shares of SPG common stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance practices. There is no indication of financial distress or other negative events.
Negatives
- The original Form 4 contained an error regarding the number of shares directly owned by the reporting person.
Industry Context
Form 4 filings are a routine part of insider trading regulations, ensuring transparency in the market.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/31/2022 | Date of earliest transaction |
| 04/04/2022 | Date of original Form 4 filing which contained an error |
| 03/25/2024 | Date of the amended filing |
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