Simon Property Group Director Acquires 65 Shares via Dividend Reinvestment

Overview\nOn September 30, 2026, Randall J. Lewis, a Director of Simon Property Group Inc. ($SPG), acquired 65 shares of common stock at a price of $202.78 per share, representing a total transaction value of approximately $13,180.70.\n\n### Nature of Transaction\nAccording to the footnote disclosures, the shares were acquired automatically through the reinvestment of dividends received on restricted stock awarded under the Simon Property Group, L.P. 2019 Stock Incentive Plan. Although coded with transaction code 'P' (Open Market or Private Purchase), this acquisition represents an automatic dividend reinvestment rather than a discretionary open-market buy order.\n\n### Holdings and Impact\nFollowing this transaction, Director Lewis directly owns 7,083 shares of Simon Property Group common stock. Given the automated nature and modest dollar amount, this transaction does not convey discretionary insider sentiment and carries low trading significance.