Scotts Miracle-Gro director granted dividend rights
Aviles Edith reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Aviles Edith reported acquisition or exercise transactions in this Form 4 filing.
Scotts Miracle-Gro director Edith Aviles received a grant of 105 dividend equivalent rights tied to existing equity awards. These derivative rights were awarded at a price of $0.00 per right and increase her directly held derivative position to 552 rights.
The dividend equivalent rights accrue on deferred or restricted stock units and become exercisable proportionately with those underlying units. Each right is described as economically equivalent to one common share of Scotts Miracle-Gro, giving the holder the same cash value as regular share dividends when paid.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 105 | $0.00 | $0.00 |
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.
FAQ
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What did Scotts Miracle-Gro (SMG) director Edith Aviles report on this Form 4?
What are dividend equivalent rights in the Scotts Miracle-Gro (SMG) Form 4 filing?
How many dividend equivalent rights does Edith Aviles hold after this SMG transaction?
How do these dividend equivalent rights work for Scotts Miracle-Gro (SMG) equity awards?
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