Form 4: Scotts Miracle-Gro Director Katherine Hagedorn Littlefield Reports Acquisition of Dividend Equivalent Rights

Katherine Hagedorn Littlefield, a director of Scotts Miracle-Gro, reported acquiring 17 dividend equivalent rights on June 7, 2024.

Summary

• On June 7, 2024, Katherine Hagedorn Littlefield, a director of Scotts Miracle-Gro Co, acquired 17 dividend equivalent rights.
• These rights are associated with DSU or RSU grants and become exercisable proportionally with the related DSUs or RSUs.
• Each dividend equivalent right represents the economic equivalent of one common share of Scotts Miracle-Gro.
• The price of each dividend equivalent right is $68.21.
• Following the transaction, Ms. Hagedorn Littlefield directly owns 166 dividend equivalent rights.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors. It's a standard practice required by the SEC to prevent insider trading and maintain market fairness.

Stakeholder Impact

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

Key Dates