Form 4: Scotts Miracle-Gro Interim CFO Acquires Phantom Stock
SEC Form 4 Filing
Mark J. Scheiwer, Interim CFO & CAO of Scotts Miracle-Gro, reports acquisition of phantom stock convertible to common shares.
Summary
- On February 26, 2025, Mark J. Scheiwer, the Interim CFO & CAO of Scotts Miracle-Gro Co, acquired 7.928 units of phantom stock.
- Each unit of phantom stock represents the right to receive one common share of Scotts Miracle-Gro or its cash value.
- Following the transaction, Scheiwer directly owns 986.125 common shares.
- The phantom stock is payable in cash upon termination of Scheiwer's employment and can be transferred into an alternative investment at any time.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the actions of company executives regarding their holdings in the company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the holdings of company executives.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Mark J. Scheiwer acquired phantom stock. |
| 02/27/2025 | Date of report signature. |
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