Form 4: Scotts Miracle-Gro Director Edith Aviles Acquires Additional Dividend Equivalent Rights

Scotts Miracle-Gro Company Director Edith Aviles has reported the acquisition of 97 dividend equivalent rights, increasing her beneficial ownership of derivative securities.

Summary

• Edith Aviles, a Director of The Scotts Miracle-Gro Company (SMG), reported a transaction on June 6, 2025.
• The transaction involved the acquisition of 97 Dividend Equivalent Rights.
• Each Dividend Equivalent Right is the economic equivalent of one common share of the Issuer.
• These rights accrued on DSU (Deferred Stock Unit) or RSU (Restricted Stock Unit) grants and become exercisable proportionately with the underlying DSUs or RSUs.
• The price of each dividend equivalent right was $66.48.
• Following this transaction, Ms. Aviles beneficially owns 558 derivative securities.

Sentiment

Score: 7

Explanation: The acquisition of additional equity-linked instruments by a director is a positive indicator of insider confidence, though the transaction size is relatively small.

Positives

• The acquisition of dividend equivalent rights by a director indicates continued alignment of interests with shareholders and potential confidence in the company's future performance.
• The increase in beneficial ownership of derivative securities by an insider can be viewed as a positive signal of long-term commitment.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This insider transaction is specific to The Scotts Miracle-Gro Company and does not directly reflect broader industry trends. However, insider buying or acquisition of equity-linked instruments can sometimes signal management's confidence in the company's prospects within its industry.

Related Party Transactions

• The transaction involves a director of the company acquiring equity-linked instruments from the company, which is a common form of related party transaction in the context of executive compensation and insider ownership.

Stakeholder Impact

• Shareholders: May view the director's increased beneficial ownership as a positive sign of alignment and confidence in the company's future.

Key Dates

Keywords

Scotts Miracle-Gro, SMG, SEC Form 4, Insider Transaction, Dividend Equivalent Rights, Director, Equity Acquisition, Beneficial Ownership, Corporate Governance