Simon Property Group Director Richard S. Sokolov Disposes of Shares for Tax Withholding
SIMON PROPERTY GROUP INC.
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Filing Summary
š Form 4 Filing Alert: SIMON PROPERTY GROUP INC. ($SPG) š¤ Insider: SOKOLOV RICHARD S (Director) š Transaction: Disposition (Tax Withholding - Code F) š¦ Shares: 2,306 @ $214.56 š° Total Value: $494,775.36 š Shares Owned After: 276,548 š Date: 2026-08-31
Comprehensive Analysis
Insider Transaction Summary
Director Richard S. Sokolov reported a disposition of 2,306 shares of Simon Property Group Inc. ($SPG) Common Stock on August 31, 2026, valued at approximately $494,775.36 at a price of $214.56 per share.
Transaction Nature & Significance
- Transaction Code F: The shares were withheld to satisfy tax withholding obligations triggered by the vesting of restricted stock awards.
- Significance: Low. This transaction is administrative and non-discretionary in nature, representing automatic share surrender for tax obligations rather than an open-market discretionary sale or a reflection of sentiment regarding company fundamentals.
- Post-Transaction Holdings: Sokolov retains direct ownership of 276,548 shares following the transaction.
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