Form 4: Scotts Miracle-Gro Director Roberto Candelino Acquires Additional Dividend Equivalent Rights

Roberto Candelino, a Director at The Scotts Miracle-Gro Company (SMG), acquired 34 dividend equivalent rights, increasing his beneficial ownership to 72 such rights.

Summary

• Roberto Candelino, a Director of The Scotts Miracle-Gro Company (SMG), acquired 34 Dividend Equivalent Rights (DERs) on June 6, 2025.
• Each Dividend Equivalent Right is the economic equivalent of one common share of the Issuer, The Scotts Miracle-Gro Company.
• The DERs accrued on DSU (Deferred Share Unit) or RSU (Restricted Share Unit) grants and become exercisable proportionately with the DSUs or RSUs to which they relate.
• Following this transaction, Mr. Candelino's beneficial ownership of derivative securities, specifically Dividend Equivalent Rights, increased to 72.
• The implied value per Dividend Equivalent Right at the time of acquisition was $66.48.

Sentiment

Score: 7

Explanation: The acquisition of additional dividend equivalent rights by a director is generally viewed positively as it indicates continued alignment of interests with shareholders and potential confidence in the company's future performance and dividend policy.

Positives

• The acquisition of additional dividend equivalent rights by a director may signal confidence in the company's future performance and dividend policy, aligning management interests with shareholders.

Future Outlook

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

Industry Context

This filing is an insider transaction report (Form 4), which provides transparency into the trading activities of company directors and officers. It does not directly relate to broader industry trends but offers insight into individual management's confidence in the company within its sector.

Related Party Transactions

• Acquisition of 34 Dividend Equivalent Rights by Roberto Candelino, a Director of The Scotts Miracle-Gro Company, from the Issuer.

Stakeholder Impact

• Shareholders: May interpret the director's increased beneficial ownership as a positive signal of confidence in the company's prospects and a stronger alignment of interests between management and shareholders.

Key Dates

Keywords

Scotts Miracle-Gro, SMG, Form 4, Insider Trading, Director, Dividend Equivalent Rights, Equity Compensation, Beneficial Ownership