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

Director David C. Evans reports acquiring 102 dividend equivalent rights related to existing DSU or RSU grants.

Summary

• On March 7, 2025, David C. Evans, a director of Scotts Miracle-Gro Co., acquired 102 dividend equivalent rights.
• These rights are associated with previously granted Deferred Stock Units (DSUs) or Restricted Stock Units (RSUs).
• The dividend equivalent rights become exercisable proportionally with the DSUs or RSUs to which they relate.
• Each dividend equivalent right represents the economic equivalent of one common share of Scotts Miracle-Gro.
• Following the transaction, Evans directly owns 461 dividend equivalent rights.
• The price of the dividend equivalent rights is $62.18.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a director's acquisition of dividend equivalent rights, which are common in executive compensation packages.

Stakeholder Impact

• The acquisition of dividend equivalent rights by a director could be perceived positively by shareholders as it aligns the director's interests with those of the shareholders.

Key Dates