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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.

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  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.
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
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.

Does this SMG Form 4 report any open-market buys or sells of common shares?

No. The Form 4 reports only a grant or award acquisition of 155 dividend equivalent rights, a derivative security tied to common shares. It does not report any open-market purchases or sales of SMG common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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)
09/04/2026
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)09/04/2026A155 (1) (1)Common Shares155(1)1,063D
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. Johnson09/09/2026
** 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)

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