Form 4: Scotts Miracle-Gro Director Acquires Shares in Lieu of Cash Retainer

Director Brian E. Sandoval acquired 382 common shares of Scotts Miracle-Gro Co. in lieu of a cash retainer on October 1, 2024.

Summary

• On October 1, 2024, Brian E. Sandoval, a director of Scotts Miracle-Gro Co., acquired 382 common shares of the company.
• The shares were acquired in lieu of a cash retainer, with a 15% enhancement to the retainer amount.
• The price per share was $86.71.
• Following the transaction, Sandoval beneficially owns 11,036 common shares.

Sentiment

Score: 6

Explanation: Neutral sentiment. The document simply reports a transaction. The director taking shares instead of cash is a mildly positive signal.

Positives

• Director's decision to take shares instead of cash shows confidence in the company.

Industry Context

Insider transactions are closely watched as indicators of management's confidence in the company's prospects. A director accepting shares in lieu of cash compensation can be seen as a positive signal.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates