Form 4: Peter Shumlin Reports Stock Transaction in Scotts Miracle-Gro Co
SEC Form 4 Filing
Director Peter Shumlin reports the conversion of restricted stock units into common shares of Scotts Miracle-Gro Co.
Summary
- On February 4, 2025, Peter Shumlin, a director of Scotts Miracle-Gro Co., converted 198 restricted stock units into common shares.
- Following the transaction, Shumlin directly owns 27,276 common shares.
- The restricted stock units converted on a one-for-one basis.
- These units were granted on February 4, 2022, and vested on February 4, 2023.
- The reporting person also holds 558 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard reporting of stock transactions by a company director.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and expected occurrences for publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine conversion of stock units.
Key Dates
| Date | Description |
|---|---|
| 02/04/2022 | Reporting person was granted 1,581 restricted stock units, with accruing dividend equivalent rights. |
| 02/04/2023 | Restricted stock units vested. |
| 02/04/2025 | Conversion of 198 restricted stock units into common shares. |
| 02/05/2025 | Date of signature for the Form 4 filing. |
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