Stephen L. Johnson adds 247 DSUs worth $14,375 to SMG stake
Rhea-AI Filing Summary
Stephen L. Johnson, a director of Scotts Miracle-Gro Co (SMG), received 247 deferred stock units on 10/01/2025 issued in lieu of a retainer at an implied price of $58.38 per share, representing a value of $14,375. After the transaction the reporting person beneficially owned 27,408 common shares. The Form 4 was signed by an attorney-in-fact on 10/03/2025.
The filing shows a non-cash issuance of equity-linked units to a director as compensation rather than an open-market purchase or sale. The report is a routine Section 16 disclosure of a director's remuneration and resulting beneficial ownership level.
Positive
- None.
Negative
- None.
Insights
Director received 247 deferred stock units as retainer compensation on 10/01/2025.
This Form 4 documents a non-derivative issuance: 247 common-share equivalent deferred stock units were granted in lieu of a cash retainer with an implied per-share value of $58.38, totaling $14,375. The reporting person now beneficially owns 27,408 shares.
For investors, this is a routine governance-level compensation disclosure showing the director is being paid in equity units, which aligns director pay with shareholder outcomes. The filing contains no sale or open-market purchase activity and no additional terms for the deferred units are disclosed in this Form 4.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 247 | $58.38 | $14K |
Footnotes (1)
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FAQ
What did the Form 4 filed for SMG disclose?
Was this a market purchase or sale for SMG (ticker: SMG)?
What is the nature of the securities issued on the Form 4?
Who signed the Form 4 and when was it filed?