Form 4: Scotts Miracle-Gro Director Acquires Dividend Equivalent Rights

Director Edith Aviles acquired 58 dividend equivalent rights related to Scotts Miracle-Gro common stock on December 6, 2024.

Summary

• Edith Aviles, a director at Scotts Miracle-Gro, acquired 58 dividend equivalent rights on December 6, 2024.
• These rights are linked to previously granted Deferred Stock Units (DSUs) or Restricted Stock Units (RSUs).
• Each dividend equivalent right represents the economic equivalent of one common share of Scotts Miracle-Gro.
• The price of the underlying common stock at the time of the transaction was $75.47.
• Following the transaction, Ms. Aviles directly owns 359 dividend equivalent rights.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing an insider transaction, which is neither positive nor negative in itself. It's a neutral event.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider activity.
• The acquisition of dividend equivalent rights is a common practice for directors and executives as part of their compensation packages, aligning their interests with shareholders.

Stakeholder Impact

• This transaction has a minimal direct impact on stakeholders as it is a routine insider transaction.

Key Dates

Keywords

dividend equivalent rights, director, insider trading, form 4, scotts miracle-gro, equity securities, SMG