Scotts Miracle-Gro director awarded dividend rights
Scotts Miracle-Gro Co director and major shareholder Katherine Littlefield Hagedorn reported an award of derivative securities tied to the company’s common stock.
Rhea-AI Filing Summary
Scotts Miracle-Gro Co director and major shareholder Katherine Littlefield Hagedorn reported an award of derivative securities tied to the company’s common stock. On the reported date, she acquired 33 dividend equivalent rights at a price of $0.00 per right, bringing her holdings of these rights to 33.
According to the disclosure, these dividend equivalent rights accrue on deferred or restricted stock unit grants and become exercisable in step with the underlying DSUs or RSUs. Each right is described as being economically equivalent to one common share of Scotts Miracle-Gro.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 33 | $0.00 | $0.00 |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SMG’s Katherine Littlefield Hagedorn report on this Form 4?
What are the dividend equivalent rights reported for Scotts Miracle-Gro (SMG)?
How many dividend equivalent rights does the SMG insider hold after this Form 4 transaction?
Did Scotts Miracle-Gro (SMG) insider Katherine Hagedorn buy or sell common stock in this Form 4?
How do the SMG dividend equivalent rights become exercisable for the reporting insider?
AI-generated analysis. How Rhea-AI works. Not financial advice.