Scotts Miracle-Gro (SMG) EVP Nick Miaritis receives 16,043-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Miaritis Nick reported acquisition or exercise transactions in this Form 4 filing.
SCOTTS MIRACLE-GRO CO executive Nick Miaritis, EVP & Chief Brand Officer, reported an equity compensation award on a Form 4. He received 16,043 Common Shares at a stated price of $0.00 per share as a grant, rather than an open-market purchase.
Following this award, his direct holdings increased to 22,274 Common Shares. This reflects a routine stock-based compensation grant to a senior officer, not a cash transaction in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miaritis Nick
Role
EVP & Chief Brand Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 16,043 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 22,274 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 16,043 Common Shares
Grant price: $0.00 per share
Shares held after: 22,274 Common Shares
+1 more
4 metrics
Shares granted
16,043 Common Shares
Equity grant to EVP & Chief Brand Officer
Grant price
$0.00 per share
Stated transaction price for the award
Shares held after
22,274 Common Shares
Direct holdings following the grant
Transactions acquiring shares
1 acquisition
Non-derivative, grant/award acquisition
Key Terms
Common Shares, Grant, award, or other acquisition, grant/award acquisition, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did SCOTTS MIRACLE-GRO CO (SMG) report for Nick Miaritis?
SCOTTS MIRACLE-GRO CO reported that EVP & Chief Brand Officer Nick Miaritis received an equity grant of 16,043 Common Shares. The award was recorded at $0.00 per share, indicating a compensation grant rather than an open-market share purchase.
Was the SCOTTS MIRACLE-GRO (SMG) Form 4 transaction an open-market buy or a grant?
The Form 4 shows a grant/award acquisition, not an open-market purchase. Code "A" denotes a Grant, award, or other acquisition, and the transaction price per share is listed as $0.00, consistent with stock-based compensation.
What type of security did Nick Miaritis receive from SCOTTS MIRACLE-GRO (SMG)?
Nick Miaritis received Common Shares of SCOTTS MIRACLE-GRO CO under an equity award. The transaction involved 16,043 Common Shares and is categorized as a non-derivative, compensation-related acquisition rather than options or other derivative securities.