Scotts Miracle-Gro director gets 155 dividend rights
SCOTTS MIRACLE-GRO CO (SMG) director Stephen L. Johnson reported an acquisition of 155 dividend equivalent rights on September 4, 2026.
Rhea-AI Filing Summary
SCOTTS MIRACLE-GRO CO (SMG) director Stephen L. Johnson reported an acquisition of 155 dividend equivalent rights on September 4, 2026. These derivative rights are tied to DSU or RSU grants and bring his directly held dividend equivalent rights to 1,063, each economically equivalent to one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 155 shares
Grant/Award
1 txn
Insider
Johnson Stephen L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 155 | -- | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 1,063 contracts (Direct)
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.
Key Figures
Dividend equivalent rights acquired: 155 rights
Dividend equivalent rights after transaction: 1,063 rights
Economic equivalence per right: 1 common share
+1 more
4 metrics
Dividend equivalent rights acquired
155 rights
Grant, award, or other acquisition reported for September 4, 2026
Dividend equivalent rights after transaction
1,063 rights
Directly held by Stephen L. Johnson following the reported transaction
Economic equivalence per right
1 common share
Each dividend equivalent right is the economic equivalent of one SMG common share
Underlying common shares for new rights
155 shares
Underlying security shares associated with the 155 new dividend equivalent rights
Key Terms
Dividend Equivalent Rights, Deferred Stock Units (DSUs), Restricted Stock Units (RSUs), economic equivalent
4 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on DSU or RSU grants"
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.
Deferred Stock Units (DSUs) financial
"accrued on DSU or RSU grants and become exercisable proportionately"
Deferred stock units (DSUs) are a form of long-term pay that promises an employee or director future company shares or cash equal to the share value at a later date, usually after leaving the company or at a set vesting time. Think of them as a delayed paycheck tied to the stock: they align recipients’ interests with long-term share performance and matter to investors because they create potential future dilution and signal how management is rewarded and incentivized.
Restricted Stock Units (RSUs) financial
"accrued on DSU or RSU grants and become exercisable proportionately"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one common share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SMG director Stephen L. Johnson report on this Form 4?
He reported an acquisition of 155 dividend equivalent rights on September 4, 2026. These rights were granted as a grant, award, or other acquisition and are linked to existing DSU or RSU equity awards tied to SMG common shares.
What are dividend equivalent rights in the context of SMG’s Form 4 filing?
The filing states that dividend equivalent rights accrue on DSU or RSU grants and become exercisable proportionately with those DSUs or RSUs. Each dividend equivalent right is described as the economic equivalent of one SMG common share.
Were the SMG dividend equivalent rights transaction made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and no footnote describes a trading plan. Based on this filing, the dividend equivalent rights acquisition is not reported as occurring under a Rule 10b5-1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.