Form 4: Scotts Miracle-Gro Director John R. Vines Reports Acquisition of Dividend Equivalent Rights

Director John R. Vines reports acquiring dividend equivalent rights related to Scotts Miracle-Gro shares.

Summary

• On March 7, 2025, John R. Vines, a director of Scotts Miracle-Gro Co., acquired 109 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.
• The price of the dividend equivalent rights is $62.18.
• Following the transaction, Vines directly owns 519 dividend equivalent rights.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing the acquisition of dividend equivalent rights, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the acquisition of dividend equivalent rights, which are common in equity compensation plans.

Stakeholder Impact

• The acquisition of dividend equivalent rights has a minimal direct impact on stakeholders.

Key Dates