Form 4: Scotts Miracle-Gro Interim CFO Acquires Phantom Stock

Mark J. Scheiwer, Interim CFO & CAO of Scotts Miracle-Gro, reports acquisition of phantom stock convertible to common shares.

Summary

• Mark J. Scheiwer, the Interim CFO & CAO of Scotts Miracle-Gro, filed a Form 4 disclosing a transaction involving phantom stock.
• On March 26, 2025, Scheiwer acquired 13.468 shares of phantom stock, each representing the right to receive one common share of Scotts Miracle-Gro or its cash value.
• The phantom stock was acquired at a price of $56.88 per share.
• Following the transaction, Scheiwer directly owns 1,010.025 common shares.
• The phantom stock is payable in cash following termination of Scheiwer's employment and can be transferred into an alternative investment at any time.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. The acquisition of phantom stock by an executive is generally viewed as a slightly positive sign, but the document itself is primarily informational.

Positives

• The acquisition of phantom stock by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates confidence from a company executive.

Key Dates

Keywords

Form 4, phantom stock, Scotts Miracle-Gro, SMG, Mark J. Scheiwer, Interim CFO, CAO, beneficial ownership, securities