SPG Simon Property Group

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Largest US mall REIT: owns/operates 212 domestic income-producing properties (108 malls, 70 Premium Outlets, 16 Mills) plus 42 international properties
• • Key 2025 transaction: acquired remaining 12% of TRG on Oct 31, 2025, bringing ownership to 100%; consideration included 8,278,193 Operating Partnership units
• • Eli Simon appointed COO in 2025, marking notable leadership formalization of a second-generation Simon family executive
• • ~3,600 total employees at Dec 31, 2025; $2.0B stock buyback program renewed Feb 2026, replacing prior $2.0B authorization
• • Bought back 2,519,923 shares over past three years at avg $145.81/share for $367.4M total

Management Discussion & Analysis

• • Lease income up $449.4M in 2025; diluted EPS $14.17 vs $7.26 in 2024, driven largely by $2.9B non-cash TRG remeasurement gain
• • Real Estate FFO $4.81B vs $4.60B in 2024; Real Estate FFO/share $12.73 vs $12.24; Portfolio NOI up 4.7% YoY
• • Average base minimum rent up 4.7% to $60.97 psf; U.S. Malls/Premium Outlets occupancy dipped 10 bps to 96.4%
• • Cash from operations + unconsolidated distributions $4.5B; dividends/distributions $3.2B; capex $934.3M; buybacks $226.8M (1.25M shares at avg $182.02)
• • Key risks: tariff/trade disruption impact on tenants, geopolitical tensions, rising borrowing rate (3.87% vs 3.62%), $5.9B debt maturing in 2026

Risk Factors

• • Consolidated debt $28.6B as of Dec 31, 2025; substantial cash flows consumed by debt service limiting growth investment
• • International operations in 16 countries including China; tariffs, trade disputes, and FX exposure affecting 9.7% of NOI
• • E-commerce competition from Costco, Walmart, Target, and pure-play online retailers threatening physical store demand and overage rent collection
• • REIT qualification under IRC Sections 856–860 requires 90% taxable income distribution; failure triggers full corporate tax rate plus potential 4% excise tax
• • Key-person dependency on CEO and senior executives operating without employment agreements; loss could disrupt tenant and lender relationships

What are the latest SPG SEC filings in 2026?

Simon Property Group (SPG) has filed a 10-K annual report on February 25, 2026, a 10-Q quarterly report on May 11, 2026, an 8-K current report on May 15, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did SPG file its most recent 10-K annual report?

Simon Property Group (SPG) filed its most recent 10-K annual report on February 25, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view SPG 10-Q quarterly reports?

Simon Property Group (SPG)'s most recent 10-Q quarterly report was filed on May 11, 2026. SignalX displays every SPG 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has SPG filed recently?

Simon Property Group (SPG)'s most recent 8-K was filed on May 15, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find SPG insider trading activity (Form 4)?

SignalX aggregates every SPG Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does SPG file with the SEC?

Simon Property Group (SPG) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new SPG filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Simon Property Group (SPG).

What is SPG's SEC CIK number?

Simon Property Group (SPG)'s SEC CIK (Central Index Key) number is 1063761. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1063761 to look up all SPG filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find SPG return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Simon Property Group (SPG) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.