Scotts Miracle-Gro (SMG) director awarded new dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson Stephen L reported acquisition or exercise transactions in this Form 4 filing.
Scotts Miracle-Gro director Stephen L. Johnson received a grant of 138 Dividend Equivalent Rights on March 6, 2026. These rights were awarded at a price of $0.00 per right as a form of derivative-based compensation.
The dividend equivalent rights accrue on DSU or RSU grants and become exercisable proportionately with the DSUs or RSUs they relate to. Each right is the economic equivalent of one common share of Scotts Miracle-Gro. Following this award, Johnson directly holds a total of 750 Dividend Equivalent Rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson Stephen L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 138 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 750 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Scotts Miracle-Gro (SMG) report for Stephen L. Johnson?
Stephen L. Johnson received a grant of 138 Dividend Equivalent Rights on March 6, 2026. These derivative awards were granted at no cash cost and increase his total holdings of such rights to 750, aligning his compensation with shareholder returns.
What are Dividend Equivalent Rights in the Scotts Miracle-Gro (SMG) Form 4?
Dividend Equivalent Rights 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 Stephen L. Johnson now hold in SMG?
After the March 6, 2026 grant, Stephen L. Johnson holds 750 Dividend Equivalent Rights. This total reflects the new 138-right award plus his prior balance, all directly owned and tied to his deferred or restricted stock-based compensation.
How do the Dividend Equivalent Rights for SMG become exercisable?
The Dividend Equivalent Rights become exercisable proportionately with the DSUs or RSUs to which they relate. As those underlying stock units vest or become exercisable, the associated dividend equivalent rights follow the same schedule, maintaining alignment with shareholder dividend payments.