Form 4: Peter Shumlin Reports Acquisition of Dividend Equivalent Rights in Scotts Miracle-Gro Co
SEC Form 4 Filing
Director Peter Shumlin reported acquiring 128 dividend equivalent rights in Scotts Miracle-Gro Co on June 7, 2024.
Summary
- Peter Shumlin, a director of Scotts Miracle-Gro Co, filed a Form 4 on June 10, 2024, reporting a transaction.
- On June 7, 2024, Shumlin acquired 128 dividend equivalent rights related to DSU or RSU grants.
- These rights are economically equivalent to common shares of Scotts Miracle-Gro Co.
- The price of the dividend equivalent rights is $68.21.
- Following the transaction, Shumlin directly owns 655 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reports a transaction without expressing any positive or negative outlook.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of transaction: Acquisition of dividend equivalent rights. |
| 06/10/2024 | Date of Form 4 filing. |
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