Form 4: Scotts Miracle-Gro Director Acquires Equity Rights

Scotts Miracle-Gro Director Edith Aviles acquired 104 dividend equivalent rights, increasing her beneficial ownership to 662 derivative securities.

Summary

• Edith Aviles, a Director of The Scotts Miracle-Gro Company (SMG), acquired dividend equivalent rights.
• The transaction occurred on September 5, 2025.
• She acquired 104 dividend equivalent rights, each representing the economic equivalent of one common share of the Issuer.
• The price per dividend equivalent right was $63.04.
• Following this transaction, Ms. Aviles beneficially owns 662 derivative securities (dividend equivalent rights).
• These dividend equivalent rights accrue on DSU or RSU grants and become exercisable proportionately with the DSUs or RSUs to which they relate.

Sentiment

Score: 7

Explanation: The acquisition of dividend equivalent rights by a director is a positive signal of insider confidence, though the transaction size is relatively small in the context of overall company equity.

Positives

• Director Edith Aviles increased her beneficial ownership in the company by acquiring 104 dividend equivalent rights, signaling insider confidence.
• The acquisition of equity by an insider often suggests a positive outlook on the company's future performance.

Related Party Transactions

• Acquisition of 104 dividend equivalent rights by Edith Aviles, a Director of The Scotts Miracle-Gro Company, on September 5, 2025, at a price of $63.04 per right. This constitutes an insider transaction.

Stakeholder Impact

• Shareholders may view the director's increased ownership as a sign of confidence in the company's future prospects.

Key Dates

Recommendation

The acquisition of dividend equivalent rights by Director Edith Aviles indicates insider confidence in The Scotts Miracle-Gro Company. However, this is a routine transaction and not of a magnitude that would typically warrant a change in investment recommendation based solely on this filing. It serves as a minor positive signal, reinforcing a 'hold' position for existing investors.

Keywords

Scotts Miracle-Gro, SMG, Edith Aviles, Director, Dividend Equivalent Rights, Insider Transaction, Form 4, Equity Acquisition