Scotts Miracle-Gro grants 118 dividend rights
Director Edith Aviles received a routine grant of dividend equivalent rights tied to existing equity awards at Scotts Miracle-Gro.
Rhea-AI Filing Summary
SCOTTS MIRACLE-GRO CO (symbol: SMG) is the issuer of record for a Form 4 filing submitted to the SEC. Aviles Edith reported acquisition or exercise transactions in this Form 4 filing.
SCOTTS MIRACLE-GRO CO (SMG) reported that director Edith Aviles received a grant of 118 Dividend Equivalent Rights on September 4, 2026. These rights relate to existing DSU or RSU grants and are each economically equivalent to one common share, bringing her reported derivative holdings to 791 rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 118 shares
Grant/Award
1 txn
Insider
Aviles Edith
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 118 | -- | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 791 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: 118 rights
Total Dividend Equivalent Rights after grant: 791 rights
Underlying common shares per right: 1 common share per right
3 metrics
Dividend Equivalent Rights granted
118 rights
Grant to director Edith Aviles on September 4, 2026
Total Dividend Equivalent Rights after grant
791 rights
Reported derivative holdings following the transaction
Underlying common shares per right
1 common share per right
Each Dividend Equivalent Right is the economic equivalent of one common share
Key Terms
Dividend Equivalent Rights, DSU, RSU
3 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
"accrued on DSU or RSU grants and become exercisable proportionately"
RSU financial
"accrued on DSU or RSU grants and become exercisable proportionately"
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.
FAQ
What insider transaction did SMG report for director Edith Aviles?
SCOTTS MIRACLE-GRO CO reported that director Edith Aviles received a grant of 118 Dividend Equivalent Rights on September 4, 2026, tied to her existing DSU or RSU grants and economically equivalent to common shares.
How many Dividend Equivalent Rights does Edith Aviles hold after this Form 4 at SMG?
After the September 4, 2026 grant, Edith Aviles is reported to hold a total of 791 Dividend Equivalent Rights directly. Each right is the economic equivalent of one common share of Scotts Miracle-Gro.
Did the SMG Form 4 for Edith Aviles involve any stock sales or purchases?
No. The Form 4 for Edith Aviles reports only an acquisition of 118 Dividend Equivalent Rights as a grant or award. It does not report any open-market purchases or sales of SMG common shares.
What are Dividend Equivalent Rights as reported by SMG in this filing?
The filing states that Dividend Equivalent Rights accrue on DSU or RSU grants and become exercisable proportionately with those awards. Each right is described as the economic equivalent of one common share of Scotts Miracle-Gro.
Was the Edith Aviles SMG transaction made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmatively checked, and there is no footnote stating that the grant was made under a Rule 10b5-1 or similar pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.