Form 4: Simon Property Group Executive Adam Reuille Reports Stock Transactions

SVP & Chief Accounting Officer Adam Reuille reports the settlement of Restricted Stock Units and related tax withholding, along with adjustments to holdings in the 401(k) plan.

Summary

• Adam Reuille, SVP & Chief Accounting Officer of Simon Property Group, reported transactions involving common stock and Restricted Stock Units (RSUs).
• On March 11, 2025, 962 RSUs vested and were settled for common stock.
• 283 shares were disposed of to cover tax withholding obligations related to the RSU vesting at a price of $165.29.
• Reuille's direct holdings of common stock decreased from 17,176 to 16,893 shares.
• Reuille also indirectly holds 851 shares through a 401(k) plan, which includes 60 shares acquired through the dividend reinvestment plan since April 3, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading activities.
• The transactions reported are typical for executives receiving stock-based compensation.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
• The filing provides transparency to shareholders regarding insider transactions.

Key Dates