SMG Director David C. Evans Receives 118-Unit Award
$SMG · SCOTTS MIRACLE-GRO COResearch Summary
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SMG Director David C. Evans Receives 118-Unit Award
What Happened David C. Evans, a director of Scotts Miracle-Gro Co. (SMG), received an award on 2026-09-04 consisting of 118 derivative units described as dividend-equivalent rights tied to DSU/RSU grants. No purchase price or cash value is reported for the grant (price listed as N/A), so a dollar value is not provided. This was an award/compensation grant (not a market purchase or sale).
Key Details
- Transaction date: 2026-09-04; Form 4 filed: 2026-09-09.
- Transaction type: Grant/Award of 118 derivative units (dividend-equivalent rights); acquisition price: N/A.
- Shares owned after transaction: not specified in the filing summary provided.
- Footnote: Dividend-equivalent rights accrue on DSU/RSU grants and become exercisable proportionately with the underlying DSUs/RSUs; each dividend-equivalent right is the economic equivalent of one common share.
- Timeliness: Filing occurred five days after the transaction date; check the official Form 4 for any late-filing designation.
Context Dividend-equivalent rights are a form of compensation tied to deferred stock units (DSUs) or restricted stock units (RSUs). They represent the economic equivalent of shares rather than an immediate share purchase or sale, and are commonly used in director and executive compensation programs. Such awards are routine compensation and do not by themselves indicate a director’s market view.