Scotts Miracle-Gro (SMG) CFO adds shares with open-market stock purchase
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
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)
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.