Hanft Adam 4

What Happened

• Adam Hanft, a director of Scotts Miracle‑Gro Co. (SMG), reported the conversion/exercise of derivative awards on February 3, 2026. The filing shows 336 restricted stock units (RSUs) converted into 336 common shares (code M: exercise/conversion), and a simultaneous disposition of 336 shares reported at $0.00 per share (total $0).
• These entries reflect a derivative conversion to common stock rather than an open‑market purchase or cash sale. The filing does not list a cash value received for the converted shares.

Key Details

• Transaction date: February 3, 2026. Form 4 filed February 5, 2026 (timely filing).
• Acquired: 336 shares via conversion of RSUs (price listed as N/A).
• Disposed: 336 shares reported at $0.00 per share (total reported $0); the form does not state the reason for the $0.00 disposition.
• Shares owned after the transaction: not specified in the provided extract.
• Footnotes: F1 notes RSUs convert 1-for-1 into common shares. F2 states these RSUs trace to a Feb 3, 2023 grant of 2,553 RSUs that vested Feb 3, 2024.

Context

• Code M denotes exercise or conversion of a derivative — here, RSUs converting into common shares on a one‑for‑one basis. This is not a market buy/sell transaction by the director.
• The $0.00 disposition is reported but the filing fragment does not explain its nature (e.g., withholding, transfer, or administrative adjustment), so no inference about market sentiment should be drawn.