[Form 4] The Scotts Miracle-Gro Company Insider Trading Activity
Form 4 highlights: On 02/12/2025, Mark J. Scheiwer—EVP, CFO & CAO of The Scotts Miracle-Gro Co. (SMG)—reported selling 1,500 common shares at $66.045 per share (≈$99k gross).
Rhea-AI Filing Summary
Form 4 highlights: On 02/12/2025, Mark J. Scheiwer—EVP, CFO & CAO of The Scotts Miracle-Gro Co. (SMG)—reported selling 1,500 common shares at $66.045 per share (≈$99k gross). After the sale he directly owns 6,834.2324 shares and indirectly holds 433.874 shares via the company 401(k) plan. No derivative trades were disclosed. The filing shows a modest ownership reduction and does not indicate a change in control or strategy.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider sale by CFO; immaterial to SMG’s capitalization.
The disposition represents roughly 18% of Mr. Scheiwer’s direct stake and less than 0.01% of SMG’s 56 million outstanding shares. Dollar value (~$0.1 M) is negligible versus the company’s $3 B market cap. No pattern of large, consecutive sales is evident and no derivatives were exercised. Overall, I view the transaction as routine portfolio diversification rather than a negative signal. Impact on valuation, liquidity, or guidance is de minimis.
TL;DR: Filing is compliant; no governance red flags detected.
The Form 4 was filed within the two-business-day requirement and signed by an authorized attorney-in-fact. The sale was coded "S" with no 10b5-1 plan box checked, implying a discretionary trade. Share retention post‐sale exceeds typical executive-ownership guidelines. Consequently, the event is governance-neutral, carrying no material signaling effect for shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 1,500 | $66.045 | $99K |
| holding | Common Shares | -- | -- | -- |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is Mark Scheiwer’s remaining direct ownership in SMG?
Does the filing mention a 10b5-1 trading plan?
Were any derivative securities involved in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.