Insider trade

Director purchased ~$96K of SPG shares in the open market

Traded Jun 30, 2026 · Filed Jul 1, 2026

~$96K
Reported value · 430 sh @ $223.14: 56K
Holds after · shares reported: -10.2%
stock since the trade · S&P 500 +2.3%, $223.65 → $200.81 on Oct 1

Reuben S Leibowitz, Director's past purchases, 90 days after disclosure: 3 buys, median +4.5% vs S&P 500, beat it 2 of 3 times. Past results, not a forecast.

Why it stands out

A board member of Simon Property Group spent $96K of their very own money to buy Simon Property Group shares. 10 other people at Simon Property Group bought some too, in the same month.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Jun 30, 2026
Reporting period: Not applicable
Filed with the SEC: Jul 1, 2026

Director$25K–$100KHoldings +1%11 insiders bought in 30dLargest by this insider

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$95,950

Shares × reported transaction price

Size band

$25K–$100K

Ownership change

+0.8%

Purchase shares ÷ estimated pre-transaction holdings, from the filing

Rarity

First purchase in 3 months

Confirmed open-market purchases by the same insider in the available history

Largest by this insider

Yes

Compared with 2 earlier confirmed purchases

Cluster activity

11 distinct insiders in 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Timing vs results

50 days after results of May 11, 2026, 41 days before results of Aug 10, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $223.65 on Jun 30, 2026, within 2% of its 52-week high, after a 12% rise over the previous 30 trading days

52-week range $159.93 (Jul 15, 2025) to $227.56 (Jun 29, 2026), 94% of the way up, from 251 adjusted closes. 30 trading days earlier: $200.02 on May 15, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-2.8%	+0.9%	-3.7%
30 days	+1.4%	+1.7%	-0.4%
90 days	-11.2%	+2.4%	-13.6%

Past results only. Not a forecast.

Source receipt

Record ID: 0001210982-26-000008
Filed / recorded: Jul 1, 2026, 10:11 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: SIMON PROPERTY GROUP INC.
Issuer CIK: 1063761
Ticker: SPG
Reporting person: Reuben S Leibowitz
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Jun 30, 2026
Transaction code: P
Shares / units: 430
Price per share: $223.14
Acquired / disposed: Acquired (A)
Shares owned after: 55,719
Ownership form: Direct
Amendment: No

Footnotes from the filing

Represents shares of common stock acquired through the reinvestment of dividends received on restricted stock awarded to the Reporting Person as non-cash compensation under the Simon Property Group, L.P. 2019 Stock Incentive Plan.

Around the same time

3mo ago

Congress trade

$1,001 - $15,000Reported range · official band, not an exact amount

2 different filers disclosed SPG within 90 days. Disclosed 116 days after the transaction; reported as an official range, not an exact amount.

Why it stands out Official record

Director bought3mo ago

~$18KReported value · 80 sh @ $223.14

7,958 → 8,038 shares held+1% of their stake

11 different insiders bought within a month

A board member of Simon Property Group spent $18K of their very own money to buy Simon Property Group shares. 10 other people at Simon Property Group bought some too, in the same month.

Why it stands out Official record

Director bought3mo ago

~$1.3KReported value · 6 sh @ $223.27

8,038 → 8,044 shares held

11 different insiders bought within a month

A board member of Simon Property Group spent $1.3K of their very own money to buy Simon Property Group shares. 10 other people at Simon Property Group bought some too, in the same month.

Why it stands out Official record

Reuben S Leibowitz, Director's past purchases, 90 days after disclosure: 3 buys, median +4.5% vs S&P 500, beat it 2 of 3 times. Past results, not a forecast.

Why it stands out

Dates, kept separate

Context

After it was reported

Source receipt

Footnotes from the filing

Around the same time

$1,001 - $15,000Reported range · official band, not an exact amount

~$18KReported value · 80 sh @ $223.14

~$1.3KReported value · 6 sh @ $223.27

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