Scotts Miracle-Gro director granted dividend equivalents
Miaritis Nick reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Miaritis Nick reported acquisition or exercise transactions in this Form 4 filing.
Scotts Miracle-Gro director Nick Miaritis reported an equity-related award rather than an open-market trade. He received 64 dividend equivalent rights on March 6, 2026, at a price of $0.00 per right, bringing his directly held dividend equivalent rights to 194.
The filing explains these dividend equivalent rights accrue on deferred or restricted stock units and become exercisable in step with those underlying awards. Each right is described as economically equivalent to one common share of Scotts Miracle-Gro, aligning the director’s compensation more closely with shareholder returns.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 64 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
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What did Scotts Miracle-Gro (SMG) director Nick Miaritis report in this Form 4?
What are dividend equivalent rights in Scotts Miracle-Gro’s (SMG) Form 4?
How many dividend equivalent rights does the Scotts Miracle-Gro (SMG) director hold after this award?
How do the dividend equivalent rights affect Scotts Miracle-Gro (SMG) director compensation?
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