Four directors at Simon Property Group ($SPG) each purchased shares in the mall real estate investment trust on June 30, 2026, with Form 4 filings submitted the following day showing a combined outlay of approximately $225,100 across 1,008 shares.
Reuben S. Leibowitz led the group in dollar terms, acquiring 508 shares in three separate transactions at prices ranging from $223.14 to $225.03 per share, for a combined total of roughly $113,475. His holdings in the company stood at 55,797 shares after the trades. Gary M. Rodkin followed with 256 shares picked up across three transactions priced between $223.14 and $224.31, totaling approximately $57,175, bringing his position to 21,016 shares. Marta R. Stewart added 182 shares in three transactions at prices between $223.14 and $224.10, spending about $40,614 and holding 18,000 shares after the trades. Randall J. Lewis rounded out the cluster, purchasing 62 shares across two transactions at prices of $223.14 and $223.51, for a total near $13,836, leaving him with 7,018 shares. All eleven individual transactions across the four directors were coded as open-market purchases.
The June 30 cluster follows a similar pattern from earlier in 2026. On March 31, a broader group of ten $SPG directors — including Leibowitz, Rodkin, Lewis, and Stewart — also made open-market purchases on the same date, with prices around $183.80 per share. That quarter-end activity itself followed a ten-director buying cluster on December 31, 2025 at $186 per share. The repetition of same-day, quarter-end purchases by overlapping groups of directors has been a consistent feature of $SPG insider activity over the past several reporting periods.
On the congressional side, Rep. Jonathan Jackson (D) disclosed a $SPG purchase made on April 20, 2026, reported 37 days after the trade. Rep. Ro Khanna (D) has disclosed multiple $SPG transactions stretching back to mid-2025, including purchases on January 29 and November 3 of that year. Neither congressional disclosure overlaps with the June 30 director cluster.
All four directors filed their Form 4 disclosures on July 1, 2026 — one day after the transaction date.