Form 4: Simon Property Group Executive Settles Restricted Stock Units
SEC Form 4 Filing
Steven E. Fivel, General Counsel of Simon Property Group, settled restricted stock units and sold shares to cover tax obligations.
Summary
- On March 11, 2025, Steven E. Fivel, General Counsel of Simon Property Group Inc., settled 2,884 Restricted Stock Units (RSUs), each representing one share of common stock.
- Fivel also disposed of 935 shares of common stock at a price of $165.29 to cover tax withholding obligations related to the vesting of the RSUs.
- Following these transactions, Fivel directly owns 39,982 shares of common stock and indirectly owns 383 shares through a spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive compensation, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and does not necessarily indicate a significant trend in the company's performance or outlook.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of RSU settlement and related transactions. |
| 03/13/2025 | Date of signature on the Form 4 filing. |
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