Scotts Miracle-Gro (NYSE: SMG) CFO receives phantom stock and dividend rights
Rhea-AI Filing Summary
Scheiwer Mark J reported acquisition or exercise transactions in this Form 4 filing.
Scotts Miracle-Gro executive Mark J. Scheiwer, EVP, CFO & CAO, reported several equity-related transactions. He received 12.378 shares of phantom stock, each representing the right to one common share or its cash value, and now holds 1,230.699 phantom stock shares.
He was also granted 42 dividend equivalent rights, economically equal to common shares and tied to prior DSU or RSU grants, bringing his total dividend equivalent rights to 405. In a separate transaction coded "J" on common shares, he recorded 2.701 common shares at
Additionally, he indirectly holds 493.482 common shares through a 401(k) plan. Phantom stock is payable in cash after his employment ends, and he may transfer it into alternative investments at any time.
Positive
- None.
Negative
- None.
FAQ
What insider transactions did SMG executive Mark J. Scheiwer report?
What is the phantom stock reported for Scotts Miracle-Gro (SMG)?
How many dividend equivalent rights did the SMG CFO receive?
What was the common share transaction coded "J" for SMG?
How many SMG shares does the executive hold through a 401(k) plan?