Form 4: Scotts Miracle-Gro CFO Mark Scheiwer Reports Acquisition of Equity-Linked Compensation

Scotts Miracle-Gro's EVP, CFO & CAO, Mark J. Scheiwer, reported the acquisition of dividend equivalent rights and phantom stock as part of his compensation on June 6, 2025.

Summary

• Mark J. Scheiwer, Executive Vice President, Chief Financial Officer, and Chief Administrative Officer of The Scotts Miracle-Gro Company (SMG), reported changes in his beneficial ownership.
• On June 6, 2025, Mr. Scheiwer acquired 40 Dividend Equivalent Rights at a price of $66.48 per right, bringing his total beneficial ownership of these rights to 270.
• Also on June 6, 2025, he acquired 10.032 shares of Phantom Stock at a price of $67.024 per share, increasing his total beneficial ownership of phantom stock to 1,038.138 shares.
• Dividend Equivalent Rights are economic equivalents of common shares, accruing on DSU or RSU grants and becoming exercisable proportionately.
• Phantom Stock represents the right to receive one common share or its cash value, payable upon termination of employment, and is transferable into alternative investments.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates ongoing executive compensation and alignment of interests, but not significantly impactful on its own.

Positives

• The acquisition of equity-linked compensation by a key executive like the CFO aligns management's interests with shareholder value.
• The transactions represent routine compensation accruals, indicating stability in executive compensation structure.

Negatives

• No negative information is disclosed in this Form 4 filing.

Risks

• This Form 4 filing does not disclose specific risks to the company.

Future Outlook

This Form 4 filing does not provide any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing, detailing routine executive compensation, does not provide information to analyze broader industry trends or competitor actions.

Stakeholder Impact

• Shareholders: May view the executive's continued accumulation of equity-linked compensation as a positive sign of alignment with shareholder interests.
• Employees: No direct impact on general employees is indicated.
• Customers, Suppliers, Creditors: No direct impact is indicated.

Next Steps

• This Form 4 filing does not mention any specific future actions, events, or milestones.

Key Dates

Keywords

Scotts Miracle-Gro, SMG, Form 4, Insider Transaction, Beneficial Ownership, Mark J. Scheiwer, CFO, Dividend Equivalent Rights, Phantom Stock, Executive Compensation, Equity Compensation