Form 4: Simon Property Group: Executive Eli Simon Reports Stock Transactions
SEC Form 4 Filing
Eli Simon, Chief Investment Officer of Simon Property Group, reports the settlement of restricted stock units and associated tax withholding.
Summary
- On March 11, 2025, Eli Simon, Chief Investment Officer of Simon Property Group, settled 2,403 restricted stock units (RSUs), each representing one share of common stock.
- He also disposed of 1,040 shares of common stock to cover tax withholding obligations related to the vesting of the RSUs at a price of $165.29 per share.
- Following these transactions, Simon directly owns 61,621 shares of Simon Property Group common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It is a standard practice for publicly traded companies and their officers.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of earliest transaction, settlement of RSUs, and tax withholding. |
| 03/13/2025 | Date of signature on the Form 4 filing. |
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