Scotts Miracle-Gro (NYSE: SMG) director receives 121 dividend equivalent rights grant

Rhea-AI Filing Summary

Aviles Edith reported acquisition or exercise transactions in this Form 4 filing.

SCOTTS MIRACLE-GRO CO director Edith Aviles received 121 Dividend Equivalent Rights on June 5, 2026 as a compensation-related award. These rights are tied to DSU or RSU grants and each right is economically equal to one common share of the company.

Following this grant, Aviles holds 673 Dividend Equivalent Rights directly. These instruments accrue on deferred or restricted stock units and become exercisable in step with the underlying DSUs or RSUs, so this filing reflects routine equity-based compensation rather than an open-market stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Aviles Edith

Role null

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	121	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 673 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Dividend Equivalent Rights granted: 121 rights Rights after transaction: 673 rights Transaction price per right: $0.0000 +1 more

4 metrics

Dividend Equivalent Rights granted 121 rights Grant on June 5, 2026

Rights after transaction 673 rights Total Dividend Equivalent Rights following grant

Transaction price per right $0.0000 Grant price for Dividend Equivalent Rights

Underlying common shares 121 shares Common Shares underlying new Dividend Equivalent Rights

Key Terms

Dividend Equivalent Rights, DSU, RSU, economic equivalent of one common share

4 terms

Dividend Equivalent Rights financial

"The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately..."

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.

DSU financial

"The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately..."

RSU financial

"The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately..."

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

economic equivalent of one common share financial

"Each dividend equivalent right is the economic equivalent of one common share of the Issuer."

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Aviles Edith

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Rights	(1)	06/05/2026		A		121		(1)	(1)	Common Shares	121	(1)	673	D

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 Edith Aviles	06/09/2026
	** Signature of Reporting Person	Date
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)

FAQ

What did SMG director Edith Aviles report in this Form 4?

Edith Aviles reported receiving 121 Dividend Equivalent Rights as a grant. These rights are compensation-linked derivatives tied to DSU or RSU awards and are economically equivalent to common shares, increasing her equity-based exposure without an open-market transaction.

How many Dividend Equivalent Rights does Edith Aviles hold after this SMG transaction?

After the June 5, 2026 grant, Edith Aviles holds 673 Dividend Equivalent Rights. These derivative instruments track the value of Scotts Miracle-Gro common shares and vest proportionately with the related DSU or RSU awards over time.

Is the SMG Form 4 for Edith Aviles a stock purchase or sale?

The Form 4 does not show an open-market stock purchase or sale. It records a grant of 121 Dividend Equivalent Rights, a type of derivative award that accrues on DSU or RSU grants at a zero exercise price as part of equity compensation.

What are Dividend Equivalent Rights reported in SMG’s Form 4 filing?

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 as the related DSUs or RSUs vest.

Does this SMG Form 4 indicate a change in Edith Aviles’ direct ownership type?

The filing shows the Dividend Equivalent Rights are held directly by Edith Aviles. The nature of ownership is listed as direct, with no footnote indicating indirect entities or a lack of voting or investment power over these compensation-related derivative rights.