Scotts Miracle-Gro (NYSE: SMG) director gets 336 new shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Scotts Miracle-Gro director Edith Aviles reported a share acquisition tied to equity awards. On February 3, 2026, 336 restricted stock units converted into 336 common shares at a price of $0 per share, reflecting a vesting event rather than an open-market purchase.
The filing also shows a related transaction in 336 dividend equivalent rights, which are linked to the same underlying common shares. After these transactions, Aviles directly holds 14,304 common shares and 447 dividend equivalent rights in Scotts Miracle-Gro.
Positive
- None.
Negative
- None.
Insider Trade Summary
336 shares exercised/converted
Mixed
2 txns
Insider
Aviles Edith
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 336 | $0.00 | -- |
| Exercise | Common Shares | 336 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 447 shares (Direct);
Common Shares — 14,304 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common shares of the Issuer on a one-for-one basis. On February 3, 2023, the reporting person was granted 2,553 restricted stock units, with accruing dividend equivalent rights, vesting on February 3, 2024.
FAQ
What did Scotts Miracle-Gro (SMG) director Edith Aviles report in this Form 4?
Edith Aviles reported the conversion of equity awards into common shares of Scotts Miracle-Gro. A block of 336 restricted stock units converted into 336 common shares, along with related dividend equivalent rights, reflecting a compensation-related vesting event rather than a market trade.
What are dividend equivalent rights in Edith Aviles’s Scotts Miracle-Gro (SMG) filing?
Dividend equivalent rights are derivative rights that track dividends on underlying shares. In this filing, 336 dividend equivalent rights were tied to 336 common shares from restricted stock units, and 447 such rights remain directly held after the reported transactions.
What do the restricted stock unit details in the Scotts Miracle-Gro (SMG) Form 4 show?
A footnote explains that restricted stock units convert into common shares on a one-for-one basis. Another footnote notes a prior grant of 2,553 restricted stock units with accruing dividend equivalent rights, which were scheduled to vest on February 3, 2024.