SPG added 144 new risk factors emphasizing AI governance, environmental liabilities, and retail market conditions.
Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.
And 140 more changes in the full comparison.
The complete historical comparison (2025 vs 2024) is available on the Pro plan.
Get Pro access Already a Pro subscriber? View full diff →Source filings: Find the 2025 10-K for SPG on SEC EDGAR · Find the 2024 10-K for SPG on SEC EDGAR