Form 4: Scotts Miracle-Gro Director Brian E. Sandoval Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director Brian E. Sandoval reports acquiring dividend equivalent rights convertible to 107 common shares of Scotts Miracle-Gro on September 6, 2024.
Summary
- On September 6, 2024, Brian E. Sandoval, a director of Scotts Miracle-Gro Co, acquired 107 dividend equivalent rights.
- These rights are associated with previously granted Deferred Stock Units (DSUs) or Restricted Stock Units (RSUs).
- Each dividend equivalent right is equivalent to one common share of Scotts Miracle-Gro.
- The price associated with the acquisition is $67.82.
- Following the transaction, Sandoval directly owns 573 dividend equivalent rights.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing, indicating standard insider activity. It doesn't inherently suggest positive or negative sentiment, but rather reflects normal corporate governance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 09/06/2024 | Date of transaction: Brian E. Sandoval acquired dividend equivalent rights. |
| 09/10/2024 | Date of signature on the report. |
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