Scotts Miracle-Gro (SMG) CFO awarded new Phantom Stock units in Form 4
Rhea-AI Filing Summary
SCOTTS MIRACLE-GRO CO executive Mark J. Scheiwer, EVP, CFO & CAO, received a grant of 3.911 shares of Phantom Stock on 2026-07-27. Each phantom share represents the right to receive one common share or its cash value and is payable in cash after employment terminates. Following this award, Scheiwer holds 1,408.604 Phantom Stock shares directly. The transaction is reported as a grant or award acquisition and is not designated as made under a Rule 10b5‑1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scheiwer Mark J
Role
EVP, CFO & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock F1, F2 | 3.911 | $69.55 | $272.01 |
Holdings After Transaction:
Phantom Stock — 1,408.604 shares (Direct)
Footnotes (2)
- F1. Each share of phantom stock represents the right to receive one common share of Issuer or the cash value thereof.
- F2. Shares of phantom stock are payable in cash following termination of the reporting person's employment with Issuer. The reporting person may transfer his/her phantom stock into an alternative investment at any time.
Key Figures
Phantom Stock granted: 3.911 shares
Price per Phantom Stock share: $69.5500
Phantom Stock holdings after grant: 1,408.604 shares
+1 more
4 metrics
Phantom Stock granted
3.911 shares
Grant of Phantom Stock reported on 2026-07-27
Price per Phantom Stock share
$69.5500
Reported transaction price per phantom share
Phantom Stock holdings after grant
1,408.604 shares
Total direct Phantom Stock position following the transaction
Underlying common shares
3.911 shares
Common shares underlying the granted Phantom Stock units
Key Terms
Phantom Stock, cash value, alternative investment
3 terms
Phantom Stock financial
"Each share of phantom stock represents the right to receive one common share"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
cash value financial
"the right to receive one common share of Issuer or the cash value thereof"
Cash value is the amount of money you could get right away if an asset or contract were converted to cash or surrendered, after any fees or penalties. Think of it like the cash you could pull out of a savings jar when you need it; for investors it signals how much immediate liquidity or recoverable worth exists in an investment, insurance policy, or balance-sheet item.
alternative investment financial
"The reporting person may transfer his/her phantom stock into an alternative investment"
Assets and strategies outside traditional stocks, bonds and cash, such as real estate, private equity, hedge funds, commodities, art and certain digital assets; they often have different ways of making money and different rules for buying and selling. Investors use them to change how a portfolio behaves—like adding spices to a meal to alter the flavor—because they can reduce overall risk or boost returns, but they may be harder to sell, cost more, and carry unique risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did SMG executive Mark J. Scheiwer report in this Form 4 filing?
Mark J. Scheiwer reported a grant of 3.911 Phantom Stock shares, each tied to one common share or its cash value. This award increases his direct Phantom Stock holdings to 1,408.604 shares as part of his compensation package.
What does the Phantom Stock granted to SMG’s CFO represent?
Each granted Phantom Stock share represents the right to receive one common share or its cash value. The units are payable in cash after the executive’s employment ends and can be moved into an alternative investment at any time before payment.
Was the SMG CFO’s Phantom Stock award under a Rule 10b5-1 trading plan?
The transaction was not designated as conducted under a Rule 10b5-1 trading plan. It is reported with a grant/award code, indicating a compensation-related acquisition rather than an open-market trade under a preset trading arrangement.