Scotts Miracle-Gro director granted 77 rights
Director Roberto Candelino received additional dividend equivalent rights tied to equity awards, modestly increasing his derivative-based exposure to SMG common shares.
Rhea-AI Filing Summary
SCOTTS MIRACLE-GRO CO (symbol: SMG) is the issuer of record for a Form 4 filing submitted to the SEC. Candelino Roberto reported acquisition or exercise transactions in this Form 4 filing.
SCOTTS MIRACLE-GRO CO (SMG) reported that director Roberto Candelino received a grant of 77 Dividend Equivalent Rights on September 4, 2026. These rights relate to existing DSU or RSU awards and are economically equivalent to 77 common shares, bringing his directly held Dividend Equivalent Rights to 374.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 77 shares
Grant/Award
1 txn
Insider
Candelino Roberto
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 77 | -- | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 374 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 granted: 77 rights
Dividend Equivalent Rights following transaction: 374 rights
Underlying common shares for this grant: 77 common shares
3 metrics
Dividend Equivalent Rights granted
77 rights
Grant to director Roberto Candelino on September 4, 2026
Dividend Equivalent Rights following transaction
374 rights
Total directly held by Roberto Candelino after the grant
Underlying common shares for this grant
77 common shares
Each Dividend Equivalent Right is the economic equivalent of one common share
Key Terms
Dividend Equivalent Rights, DSU, RSU, 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.
DSU financial
"The dividend equivalent rights accrued on DSU or RSU grants"
RSU financial
"The dividend equivalent rights accrued on DSU or RSU grants"
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 financial
"Each dividend equivalent right is the economic equivalent of one common share"
FAQ
What insider transaction did SMG disclose for Roberto Candelino?
SMG disclosed that director Roberto Candelino received a grant of 77 Dividend Equivalent Rights on September 4, 2026. These rights accrue on his DSU or RSU grants and are economically equivalent to 77 common shares of SMG.
How many dividend equivalent rights does Roberto Candelino hold after this SMG Form 4?
After the reported grant, Roberto Candelino directly holds 374 Dividend Equivalent Rights. Each right is the economic equivalent of one common share and becomes exercisable proportionately with the related DSUs or RSUs.
What are Dividend Equivalent Rights in the context of SMG?
For SMG, Dividend Equivalent Rights accrue on DSU or RSU grants and become exercisable proportionately with those DSUs or RSUs. Each right is described as the economic equivalent of one common share of SCOTTS MIRACLE-GRO CO.
Is the SMG Form 4 transaction a purchase or a grant?
The filing reports a grant or award acquisition of 77 Dividend Equivalent Rights, coded as an acquisition (A) of a derivative security, not an open-market purchase or sale.
Does the SMG Form 4 indicate a Rule 10b5-1 trading plan for this grant?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating that the transaction was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.