Form 4: Scotts Miracle-Gro Executive Sells Shares to Cover Tax Obligations

Matthew E. Garth, EVP, CFO & Chief Admin Officer of Scotts Miracle-Gro, sold 3,123 common shares to cover tax obligations.

Summary

• Matthew E. Garth, an executive at Scotts Miracle-Gro, sold 3,123 common shares on December 1, 2024.
• The sale was executed at a price of $76.97 per share.
• This transaction was conducted to cover tax obligations related to the vesting of shares.
• Following the transaction, Mr. Garth directly owns 29,173.29 common shares.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, with no indication of positive or negative sentiment.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when stock vests.

Comparison to Industry Standards

• Executive stock sales for tax purposes are a common practice across publicly traded companies.
• The sale by Matthew E. Garth is consistent with standard practices for executives managing their equity compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale by an executive for tax purposes.

Key Dates

Keywords

insider trading, stock sale, executive compensation, share disposal, Scotts Miracle-Gro, SMG, Matthew E. Garth