Scotts Miracle-Gro (SMG) CFO adds shares with open-market stock purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SCOTTS MIRACLE-GRO CO executive Mark J. Scheiwer, EVP, CFO & CAO, purchased 693 common shares in an open-market transaction at a price of $71.435 per share. After this purchase, he directly owned 15,369.741 common shares, with an additional 493.482 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 693 shares ($49,504)
Net Buy
2 txns
Insider
Scheiwer Mark J
Role
EVP, CFO & CAO
Bought
693 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 693 | $71.435 | $50K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 15,369.741 shares (Direct);
Common Shares — 493.482 shares (Indirect, By 401(K) Plan)
Footnotes (1)
FAQ
What insider transaction did SMG executive Mark J. Scheiwer report on this Form 4?
Mark J. Scheiwer reported buying 693 SCOTTS MIRACLE-GRO common shares in an open-market transaction at $71.435 per share. This filing reflects a personal share purchase by the company’s EVP, CFO & CAO, indicating an increase in his direct equity stake.
Was the SMG Form 4 transaction by Mark J. Scheiwer a purchase or a sale?
The Form 4 shows that Mark J. Scheiwer executed an open-market purchase of SCOTTS MIRACLE-GRO common shares. The transaction code “P” and description identify it as a purchase in the open market or a private transaction, not a sale.
How are Mark J. Scheiwer’s indirect SCOTTS MIRACLE-GRO (SMG) holdings reported?
The filing reports 493.482 SCOTTS MIRACLE-GRO shares as indirectly owned by Mark J. Scheiwer through a 401(k) plan. These shares are coded as indirect ownership with the nature of ownership explicitly described as “By 401(K) Plan” in the Form 4.