Scotts Miracle-Gro (SMG) director Kingdon acquires 106 dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The Scotts Miracle-Gro Company director Mark D. Kingdon reported a small equity-related award. On 12/05/2025, a Form 4 filing shows the acquisition of 106 dividend equivalent rights tied to existing deferred stock unit (DSU) or restricted stock unit (RSU) grants. Each dividend equivalent right is described as the economic equivalent of one common share of Scotts Miracle-Gro.
Following this transaction, Kingdon beneficially owned 612 derivative securities in total, held in direct ownership form. The filing clarifies that these dividend equivalent rights become exercisable proportionately with the underlying DSUs or RSUs, aligning their value with the company’s common shares over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kingdon Mark D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 106 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 612 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Scotts Miracle-Gro (SMG) disclose in this Form 4?
The filing reports that director Mark D. Kingdon acquired 106 dividend equivalent rights on 12/05/2025, linked to existing DSU or RSU grants.
What are the dividend equivalent rights reported for Scotts Miracle-Gro (SMG)?
The filing states that the dividend equivalent rights accrued on DSU or RSU grants and are the economic equivalent of one common share of Scotts Miracle-Gro for each right.
How many derivative securities does the Scotts Miracle-Gro (SMG) director own after this transaction?
After the reported transaction, the director beneficially owned 612 derivative securities, according to the Form 4.
How do the dividend equivalent rights for SMG vest or become exercisable?
The filing explains that the dividend equivalent rights become exercisable proportionately with the DSUs or RSUs to which they relate.
What is the relationship of the reporting person to Scotts Miracle-Gro (SMG)?
The reporting person is identified as a Director of The Scotts Miracle-Gro Company.
Is the ownership of the reported SMG derivative securities direct or indirect?
The Form 4 indicates that the 612 derivative securities are held under direct (D) ownership.