Scotts Miracle-Gro (SMG) director granted 68 dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Scotts Miracle-Gro director Roberto Candelino reported an equity-related award. On March 6, 2026, he acquired 68 dividend equivalent rights at a price of $0.0000 per right, bringing his holdings in these instruments to 218 rights.
The footnote explains that these dividend equivalent rights accrue on DSU or RSU grants and become exercisable in step with the underlying DSUs or RSUs. Each right is described as the economic equivalent of one common share of Scotts Miracle-Gro, aligning the director’s compensation with shareholder outcomes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Candelino Roberto
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 68 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 218 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SMG director Roberto Candelino report?
Roberto Candelino reported receiving 68 dividend equivalent rights tied to DSU or RSU grants. These rights were granted at $0.0000 per right and increase his total holdings in such instruments to 218, aligning part of his compensation with Scotts Miracle-Gro common share performance.
What are dividend equivalent rights in the SMG insider filing?
Dividend equivalent rights in this filing are instruments that accrue on DSU or RSU grants and mirror dividends on common shares. Each right is the economic equivalent of one Scotts Miracle-Gro common share and becomes exercisable proportionately with the related DSUs or RSUs over time.
How many dividend equivalent rights does the SMG director now hold?
After the March 6, 2026 award, the director’s total reported holdings of dividend equivalent rights increased to 218. This reflects the newly acquired 68 rights added to his prior balance, all economically tied to Scotts Miracle-Gro common shares through related DSU or RSU grants.
How do the dividend equivalent rights affect SMG director compensation?
These rights tie a portion of the director’s compensation to Scotts Miracle-Gro’s share performance and dividends. Because each right is the economic equivalent of one common share and vests with DSUs or RSUs, they help align the director’s economic interests with long-term shareholder value creation.