Eli Simon, Director and CEO/President/COO of Simon Property Group Inc. (NYSE:SPG), filed a Form 4 on August 24, 2026, disclosing changes in beneficial ownership of Common Stock and OP Units with an earliest transaction date of August 20, 2026.

Key Highlights

  • Reporting Person: Eli Simon, identified as Director and CEO/President/COO of Simon Property Group Inc.
  • Class B Common Stock transaction: 8,000 shares were reported with transaction code W on August 20, 2026, with 8,000 shares beneficially owned directly following the transaction.
  • OP Units via Descendants LLC: 7,679,189 OP Units were reported with transaction code G on August 20, 2026, held indirectly through DES Descendants Trust, LLC.
  • OP Units via SFCT LLC: 57,546 OP Units were reported with transaction code G on August 20, 2026, held indirectly through SFCT LLC.
  • Beneficial ownership disclaimer: The filing states the reporting person "disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein" for both LLC-held positions.

Eli Simon's Reported Holdings and Transactions at Simon Property Group

According to the filing, Eli Simon reported three transactions dated August 20, 2026, covering Common Stock and derivative securities in the form of OP Units. For Table I, the 8,000-share Class B Common Stock entry carries transaction code W. The filing notes that each share of Class B Common Stock "is convertible at any time, at the option of the holder, into shares of Common Stock on a one-for-one basis," per the issuer's Articles of Incorporation. Following the reported transaction, Simon directly owns 8,000 shares of Class B Common Stock.

In Table II, the filing discloses two separate OP Unit positions. The first, 7,679,189 OP Units with transaction code G, are held indirectly through DES Descendants Trust, LLC, a manager-managed limited liability company. According to the filing, voting and investment decisions over those units are made by Simon, who "may be deemed to beneficially own such OP Units." Descendants LLC is described as owned by a trust for the benefit of certain individuals, including the reporting person. The second position, 57,546 OP Units also with transaction code G, is held indirectly through SFCT LLC, similarly a manager-managed limited liability company owned by certain trusts, including a trust for the benefit of Simon. The filing states that OP Units "are exchangeable for shares of Common Stock on a one-to-one basis or cash, as determined by the Issuer and have no expiration date."

The form was signed on August 24, 2026, by Steven E. Fivel as attorney-in-fact for Eli Simon. No prices were listed for any of the reported transactions.

What Was Disclosed

Eli Simon filed a Form 4 reporting three August 20, 2026 transactions involving 8,000 shares of Class B Common Stock (code W, direct) and two blocks of OP Units totaling 7,736,735 units (code G, indirect via two LLCs), with beneficial ownership disclaimers on the indirectly held positions.