Company_Context
Real Estate
Real Estate Investment Trusts
Institutional analysis of internal capital flows based on SEC Form 4 filings.
Signal_Window
Headline metrics use exact calendar-day windows.
39 directional transactions in 180D
Code P purchases and code S sales are measured from 2026.02.18 — 2026.08.16.
-$1.1M
Open-market buys minus sales2026.06.30
Latest available filing20
Reporting entities in windowLEIBOWITZ REUBEN S
$203.7KRULLI JOHN
$2.0MAnalysis of eligible SEC Form 4 activity for SPG indicates a bearish 180-day signal. The selected window contains transactions from 20 distinct reporting insiders, with aggregate nominal activity of $5.17M.
Open-market purchases minus open-market sales produce a negative net flow of $1.06M. Open-market executions represent the majority of measured nominal activity in this window, making the directional flow more representative of voluntary trading activity.
LEIBOWITZ REUBEN S recorded the largest aggregate purchase volume, while RULLI JOHN recorded the largest aggregate sale volume. Form 4 activity provides useful ownership context, but it should not be treated as a standalone prediction of future price performance.
Enriched_Research_Context
These indicators use normalized SEC roles, issuer metadata, cluster detection and post-filing market prices already calculated by the data pipeline.
Real Estate
Real Estate Investment Trusts
40
Clustered open-market purchase records in the recent filing sample.
Recent_Filing_History
This table shows recent filing history and is not restricted by the selected 180D headline signal window.
During the last 180 calendar days, LEIBOWITZ REUBEN S (Executive) recorded the largest aggregate open-market purchase volume. Total insider buying in the window is $0.95M.
During the last 180 calendar days, eligible open-market sales total $2.01M. RULLI JOHN recorded the largest aggregate selling volume.
The 180-day open-market signal is BEARISH, with net flow of $1.06M across 20 reporting insiders in the selected window.
STEWART MARTA R
OPEN_MARKET_BUYReporting insider · 2026.03.31
30D
+9.2%
90D
+23.3%
180D
PENDING
Performance uses the latest matured open-market record in this sample. It describes subsequent market movement and does not imply that the filing caused the price change.