Form 4: Scotts Miracle-Gro Director David C. Evans Reports Acquisition of Dividend Equivalent Rights

Director David C. Evans reports acquiring dividend equivalent rights related to Scotts Miracle-Gro common shares.

Summary

• On September 6, 2024, David C. Evans, a director of Scotts Miracle-Gro Co, acquired 80 dividend equivalent rights.
• These rights are associated with previously granted Deferred Stock Units (DSUs) or Restricted Stock Units (RSUs).
• The dividend equivalent rights accrue on DSU or RSU grants and become exercisable proportionately with the DSUs or RSUs to which they relate.
• Each dividend equivalent right is the economic equivalent of one common share of Scotts Miracle-Gro.
• Following the transaction, Evans directly owns 484 dividend equivalent rights.
• The price of the dividend equivalent rights was $67.82.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves dividend equivalent rights related to existing equity holdings.

Key Dates