The cluster is small and routine, with no material insider selling. Monitor next quarterly earnings for any guidance revision or operational update that might explain the director confidence.
Price Chart
Executive Summary
Three directors of Simon Property Group purchased a total of $122K in open-market shares at $202.78 each, with no sales in the cluster. The cluster is small in absolute terms but notable as a unanimous director buy cluster, which often signals confidence in the company's value. The filing is neutral given the small size relative to market cap and the absence of any insider selling.
Key Financial Metrics
Key Facts
- Three directors purchased a total of $122K in open-market shares at $202.78 per share.
- Total value of the cluster is $122K, representing approximately 0.04% of the company's market cap.
- No insider sales in the cluster.
- All trades are open-market purchases (code P) by directors.
- No indication of 10b5-1 or plan-driven transactions.
- The cluster is small in absolute terms but notable as a unanimous director buy cluster, which often signals confidence in the company's value.
Financial Impact
Total insider purchases of $122K, representing approximately 0.04% of market cap.
Risk Factors
- The cluster is very small relative to market cap, limiting its signal value.
- No insider selling to provide a contrasting signal.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SPG-1790882001782 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | Institutional Cluster | $205.55 $212.04 | ▼ −3.16% | ▼ −4.34% | $212.08 (−3.18%) |
Oct 1, 2026 25d ago | Insider Cluster | $200.81 $200.95 | ▲ +0.07% | ▼ −0.67% | $212.08 (+5.61%) |
Aug 10, 2026 11w ago | 8-K | $219.53 $220.56 | ▲ +0.47% | ▲ +0.22% | $212.08 (−3.39%) |
Jul 1, 2026 16w ago | Insider Cluster | $223.00 $226.06 | ▲ +1.37% | ▲ +1.50% | $212.08 (−4.90%) |
Jul 1, 2026 16w ago | Insider Cluster | $223.00 $226.06 | ▲ +1.37% | ▲ +1.50% | $212.08 (−4.90%) |
May 11, 2026 24w ago | 8-K | $54.27 $54.27 | · 0.00% | ▼ −0.54% | $212.08 (+290.79%) |
Apr 28, 2026 26w ago | DEFA14A | $53.85 $54.15 | ▲ +0.56% | ▲ +0.57% | $212.08 (+293.84%) |
Mar 31, 2026 30w ago | Insider Cluster | $186.40 $188.07 | ▲ +0.90% | ▲ +0.15% | $212.08 (+13.78%) |
Mar 5, 2026 33w ago | 8-K | $194.78 $192.76 | ▼ −1.04% | ▼ −1.88% | $212.08 (+8.88%) |
US Market Status
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