STOCK TITAN

Scotts Miracle-Gro (SMG) director granted 158 Dividend Equivalent Rights

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Johnson Stephen L reported acquisition or exercise transactions in this Form 4 filing.

SCOTTS MIRACLE-GRO CO director Stephen L. Johnson received a grant of 158 Dividend Equivalent Rights on common shares. These derivative awards have no purchase price and increase his total Dividend Equivalent Rights holdings to 908. Each right is the economic equivalent of one common share and vests proportionately with the related DSU or RSU grants.

Positive

  • None.

Negative

  • None.
Insider Johnson Stephen L
Role null
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights 158 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights — 908 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Dividend Equivalent Rights granted 158 rights Grant on 2026-06-05 to director Stephen L. Johnson
Dividend Equivalent Rights after transaction 908 rights Total Dividend Equivalent Rights holdings following grant
Transaction price per right $0.0000 Grant of Dividend Equivalent Rights with no purchase price
Underlying common shares 158 shares Each Dividend Equivalent Right equals one common share economically
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately with the DSUs or RSUs to which they relate."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
DSU financial
"The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately with the DSUs or RSUs to which they relate."
RSU financial
"The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately with the DSUs or RSUs to which they relate."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
economic equivalent of one common share financial
"Each dividend equivalent right is the economic equivalent of one common share of the Issuer."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Johnson Stephen L

(Last)(First)(Middle)
C/O THE SCOTTS MIRACLE-GRO COMPANY
14111 SCOTTSLAWN ROAD

(Street)
MARYSVILLE OHIO 43041

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SCOTTS MIRACLE-GRO CO [ SMG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Rights(1)06/05/2026A158 (1) (1)Common Shares158(1)908D
Explanation of Responses:
1. The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately with the DSUs or RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one common share of the Issuer.
Remarks:
/s/ Kathy L. Uttley as attorney-in-fact for Stephen L. Johnson06/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SCOTTS MIRACLE-GRO (SMG) report for Stephen L. Johnson?

SCOTTS MIRACLE-GRO reported that director Stephen L. Johnson received 158 Dividend Equivalent Rights on common shares. This grant increased his total Dividend Equivalent Rights position to 908, reflecting additional stock-based compensation rather than an open-market share purchase or sale.

What are Dividend Equivalent Rights in the SCOTTS MIRACLE-GRO (SMG) Form 4?

Dividend Equivalent Rights are awards that mirror dividends on underlying deferred or restricted stock units. For SCOTTS MIRACLE-GRO, each right is the economic equivalent of one common share and becomes exercisable proportionately with the related DSU or RSU grants over time.

Did Stephen L. Johnson buy or sell SCOTTS MIRACLE-GRO (SMG) shares in this Form 4?

The Form 4 shows no open-market buying or selling by Stephen L. Johnson. Instead, he acquired 158 Dividend Equivalent Rights as a grant, a form of stock-based compensation linked to existing DSU or RSU awards, with no cash transaction price reported.

How many Dividend Equivalent Rights does the SCOTTS MIRACLE-GRO (SMG) director hold after this grant?

After the reported grant, Stephen L. Johnson holds 908 Dividend Equivalent Rights. These rights are tied to SCOTTS MIRACLE-GRO common shares and will become exercisable in step with the underlying DSU or RSU awards to which they relate, according to the filing footnote.

What does the transaction code "A" mean in the SCOTTS MIRACLE-GRO (SMG) Form 4?

In this SCOTTS MIRACLE-GRO Form 4, transaction code "A" indicates a grant, award, or other acquisition. It reflects that Stephen L. Johnson was awarded 158 Dividend Equivalent Rights as part of compensation, not that he made an open-market purchase of SMG shares.