Form 4: Scotts Miracle-Gro Director Edith Aviles Reports Acquisition of Dividend Equivalent Rights

Director Edith Aviles reports acquiring dividend equivalent rights related to Scotts Miracle-Gro shares.

Summary

• On March 7, 2025, Edith Aviles, a director of Scotts Miracle-Gro Co, reported acquiring 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, Ms. Aviles directly owns 461 dividend equivalent rights.
• The price of the dividend equivalent rights is $62.18.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the transaction itself doesn't inherently indicate positive or negative sentiment. It simply reflects the director's holdings and compensation structure.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued holding of derivative securities tied to the company's common stock.

Key Dates