Scotts Miracle-Gro CFO granted phantom stock
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 EVP, CFO & CAO Mark J. Scheiwer received a grant of 124.104 shares of phantom stock on common shares of the company. Following this award, his reported phantom stock balance is 1,354.803 shares.
Each phantom stock share represents the right to receive one common share of Scotts Miracle-Gro or the cash value of that share. These phantom shares are payable in cash after his employment with the company ends, and he may transfer the phantom stock into an alternative investment at any time.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 124.104 | $65.11 | $8K |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Scotts Miracle-Gro (SMG) report for Mark J. Scheiwer?
What is the size of the phantom stock award to the Scotts Miracle-Gro (SMG) CFO?
Does the Scotts Miracle-Gro (SMG) CFO’s phantom stock award involve open-market trading?
When is the Scotts Miracle-Gro (SMG) phantom stock payable to the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.