Scotts Miracle-Gro CFO gets phantom stock grant
SCOTTS MIRACLE-GRO CO executive Mark J. Scheiwer, EVP, CFO & CAO, received a small phantom stock award.
Rhea-AI Filing Summary
SCOTTS MIRACLE-GRO CO executive Mark J. Scheiwer, EVP, CFO & CAO, received a small phantom stock award. On this Form 4, he acquired 10.562 shares of phantom stock tied to the company’s common shares at a reference price of $71.01 per share.
Following this grant, Scheiwer holds a total of 1,404.693 phantom stock units directly. Each phantom stock unit represents the right to receive one common share of Scotts Miracle-Gro or its cash value, and the units are payable in cash after his employment with the company ends. He may transfer these phantom units into an alternative investment at any time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 10.562 shares
Grant/Award
1 txn
Insider
Scheiwer Mark J
Role
EVP, CFO & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 10.562 | $71.01 | $750.01 |
Holdings After Transaction:
Phantom Stock — 1,404.693 contracts (Direct)
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: 10.562 units
Reference price per unit: $71.01 per unit
Total phantom stock after grant: 1,404.693 units
+1 more
4 metrics
Phantom stock grant
10.562 units
Grant on 2026-06-26 to EVP, CFO & CAO
Reference price per unit
$71.01 per unit
Phantom stock tied to common shares
Total phantom stock after grant
1,404.693 units
Direct holdings following transaction
Underlying common shares
10.562 shares
Underlying security for this phantom stock grant
Key Terms
Phantom Stock, payable in cash, alternative investment, grant, award, or other acquisition
4 terms
Phantom Stock financial
"Each share of phantom stock represents the right to receive one common share of Issuer or the cash value thereof."
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.
payable in cash financial
"Shares of phantom stock are payable in cash following termination of the reporting person's employment with Issuer."
alternative investment financial
"The reporting person may transfer his/her phantom stock into an alternative investment at any time."
Assets and strategies outside traditional stocks, bonds and cash, such as real estate, private equity, hedge funds, commodities, art and certain digital assets; they often have different ways of making money and different rules for buying and selling. Investors use them to change how a portfolio behaves—like adding spices to a meal to alter the flavor—because they can reduce overall risk or boost returns, but they may be harder to sell, cost more, and carry unique risks.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SMG executive Mark Scheiwer report on this Form 4?
Mark J. Scheiwer reported receiving a grant of 10.562 phantom stock units tied to Scotts Miracle-Gro common shares. This is a compensation-related award, not an open-market stock purchase or sale, and modestly increases his deferred equity-based exposure to the company.
How many phantom stock units does SMG’s CFO hold after this transaction?
After the reported grant, Mark J. Scheiwer holds 1,404.693 phantom stock units directly. These units track Scotts Miracle-Gro’s common shares and represent deferred compensation that will be settled in cash or share value after his employment with the company ends.
What does SMG phantom stock represent for Mark Scheiwer?
Each Scotts Miracle-Gro phantom stock unit gives the right to receive one common share or its cash value. It functions as deferred compensation, tracking the company’s share value without delivering actual shares or voting rights until settlement after employment termination.
When will the SMG phantom stock units reported by Mark Scheiwer be paid out?
The phantom stock units are payable in cash following termination of Mark Scheiwer’s employment with Scotts Miracle-Gro. Until then, they remain as bookkeeping entries linked to the company’s stock value, representing long-term, deferred compensation rather than immediately tradable shares.
Can SMG’s CFO change his investment in these phantom stock units?
Yes. The filing states that Mark Scheiwer may transfer his phantom stock into an alternative investment at any time. This means he can reallocate these deferred compensation units to other available investment options within the company’s plan framework, subject to plan rules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
