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

Sentiment:

SEC Form 4 Filing


Mark J. Scheiwer, Interim CFO & CAO of Scotts Miracle-Gro, reports acquisition of phantom stock representing the right to receive common shares or their cash value.

Summary

  • On April 28, 2025, Mark J. Scheiwer, the Interim CFO & CAO of Scotts Miracle-Gro Co [SMG], acquired 8.735 shares of phantom stock.
  • Each share of phantom stock represents the right to receive one common share of the Issuer or the cash value thereof.
  • The price of the phantom stock is $55.09 per share.
  • Following the transaction, Scheiwer beneficially owns 1,018.76 derivative securities.
  • The phantom stock is payable in cash following termination of Scheiwer's employment with the Issuer, and he may transfer his/her phantom stock into an alternative investment at any time.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in 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 executive's holdings.

Key Dates

DateDescription
04/28/2025Date of transaction: Mark J. Scheiwer acquired phantom stock.
04/29/2025Date of signature for the Form 4 filing.

Keywords

Form 4, Insider Trading, Phantom Stock, Mark J. Scheiwer, Scotts Miracle-Gro, SMG, CFO

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