Scotts Miracle-Gro director granted 118 rights
Director Adam Hanft received a new grant of 118 dividend equivalent rights linked to equity awards at Scotts Miracle-Gro.
Rhea-AI Filing Summary
SCOTTS MIRACLE-GRO CO (SMG) director Adam Hanft reported an acquisition of derivative-based compensation on September 4, 2026. He received a grant of 118 Dividend Equivalent Rights, each economically equivalent to one common share and tied to existing DSU or RSU grants, bringing his directly held Dividend Equivalent Rights to 791 in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 118 shares
Grant/Award
1 txn
Insider
Hanft Adam
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
Dividend Equivalent Rights following transaction: 791 rights
Underlying common shares per right: 1 common share per right
+1 more
4 metrics
Dividend Equivalent Rights granted
118 rights
Grant to director Adam Hanft on September 4, 2026
Dividend Equivalent Rights following transaction
791 rights
Total directly held by Adam Hanft after the grant
Underlying common shares per right
1 common share per right
Each Dividend Equivalent Right is the economic equivalent of one common share
Underlying common shares for this grant
118 common shares
Underlying security shares tied to the 118 Dividend Equivalent Rights granted
Key Terms
Dividend Equivalent Rights, DSU, RSU, economic equivalent
4 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
"The dividend equivalent rights accrued on DSU or RSU grants"
RSU financial
"The dividend equivalent rights accrued on DSU or RSU grants"
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.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one common share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SMG director Adam Hanft report?
Adam Hanft reported a grant of 118 Dividend Equivalent Rights on September 4, 2026, as derivative-based compensation tied to his existing DSU or RSU awards.
How many Dividend Equivalent Rights does Adam Hanft hold in SMG after this Form 4?
After the reported grant, Adam Hanft holds 791 Dividend Equivalent Rights directly, according to the Form 4 filing for Scotts Miracle-Gro (SMG).
What are Dividend Equivalent Rights in the SMG Form 4 for Adam Hanft?
The filing states that Dividend Equivalent Rights accrued on DSU or RSU grants and become exercisable proportionately with those awards. Each right is the economic equivalent of one common share of Scotts Miracle-Gro.
Are Adam Hanft’s reported transactions in SMG under a Rule 10b5-1 plan?
No. The Form 4 checkbox for Rule 10b5-1 plans is shown as not affirmed, and there is no footnote stating that the September 4, 2026 grant was made under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.