SMG CFO gets 11.037 phantom stock units
Scheiwer Mark J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Scheiwer Mark J reported acquisition or exercise transactions in this Form 4 filing.
SCOTTS MIRACLE-GRO CO executive Mark J. Scheiwer reported routine equity-related updates. As EVP, CFO & CAO, he received a grant of 11.037 Phantom Stock units at $67.95 per unit, each representing the right to one common share or its cash value.
These phantom stock units are payable in cash after his employment ends, and he may move them into alternative investments at any time. Following this award, his phantom stock balance is 1,365.84 units. A separate code J entry shows 2.744 Common Shares at $54.67, with total direct common share holdings of 15,375.186 shares, plus 493.482 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Scheiwer Mark J
Role
EVP, CFO & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 11.037 | $67.95 | $749.96 |
| holding | Common Shares | -- | -- | -- |
| Other | Common Shares | 2.744 | $54.67 | $150.01 |
Holdings After Transaction:
Phantom Stock — 1,365.84 contracts (Direct);
Common Shares — 15,375.186 shares (Direct);
Common Shares — 493.482 shares (Indirect, By 401(K) Plan)
Footnotes (2)
- F1. Each share of phantom stock represents the right to receive one common share of Issuer or the cash value thereof.
- F2. Shares of phantom stock are payable in cash following termination of the reporting person's employment with Issuer. The reporting person may transfer his/her phantom stock into an alternative investment at any time.
Key Figures
Phantom stock grant: 11.037 units at $67.95
Total phantom stock: 1,365.84 units
Common Shares code J amount: 2.744 shares at $54.67
+3 more
6 metrics
Phantom stock grant
11.037 units at $67.95
Grant, award, or other acquisition on 2026-04-27
Total phantom stock
1,365.84 units
Balance following 2026-04-27 grant
Common Shares code J amount
2.744 shares at $54.67
Other acquisition or disposition on 2026-03-31
Direct common share holdings
15,375.186 shares
Total Common Shares directly held after 2026-03-31
401(k) plan holdings
493.482 shares
Common Shares held indirectly via 401(k) Plan
Underlying common shares for phantom grant
11.037 shares
Common Shares underlying new Phantom Stock units
Key Terms
Phantom Stock, 401(K) Plan, Grant, award, or other acquisition, Other acquisition or disposition, +1 more
5 terms
Phantom Stock financial
"Each share of phantom stock represents the right to receive one common share"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
401(K) Plan financial
"Common Shares held indirectly with nature of ownership described as By 401(K) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Grant, award, or other acquisition financial
"Transaction code A described as Grant, award, or other acquisition"
Other acquisition or disposition financial
"Transaction code J described as Other acquisition or disposition"
indirect ownership financial
"Ownership of certain Common Shares is reported as indirect by 401(K) Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SMG executive Mark J. Scheiwer report in this Form 4?
Mark J. Scheiwer reported a grant of 11.037 Phantom Stock units and a small code J transaction of 2.744 Common Shares. These entries update his equity-based compensation and share holdings with Scotts Miracle-Gro Co.
How many Phantom Stock units does SMG’s CFO now hold?
After the latest grant, Mark J. Scheiwer holds 1,365.84 Phantom Stock units. Each unit represents a right to receive one common share of Scotts Miracle-Gro Co or its cash value, typically settled after employment ends.
What does the Phantom Stock grant to SMG’s CFO represent?
Each of the 11.037 Phantom Stock units granted represents the right to receive one common share of Scotts Miracle-Gro Co or an equivalent cash amount, providing cash-settled, share-linked compensation rather than immediate stock ownership.
When are the SMG Phantom Stock units payable to the reporting person?
The Phantom Stock units are payable in cash following termination of Mark J. Scheiwer’s employment with Scotts Miracle-Gro Co. Until then, he may transfer the phantom stock into alternative investments at any time, according to the filing footnotes.
What is the nature of the 401(k) holdings reported by SMG’s CFO?
The filing shows 493.482 Common Shares held indirectly by Mark J. Scheiwer through a 401(k) Plan. These shares represent retirement-plan investments rather than direct trading activity in Scotts Miracle-Gro Co stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
