Hanft Adam 4
Research Summary
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Scotts Miracle‑Gro Director Adam Hanft Receives 105-Share Award
What Happened Adam Hanft, a director of Scotts Miracle‑Gro Co. (SMG), received an award of 105 derivative shares (reported as an "A" — grant/award/acquisition) on March 6, 2026. The filing lists these as derivative securities (DSUs/RSUs) with no cash price reported (N/A). This was an equity compensation award to a director rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-03-06; filing date: 2026-03-09 (filed within the usual 2-business-day window).
- Security: 105 derivative shares (award/grant); price reported as N/A.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnote: Dividend equivalent rights accrued on DSU/RSU grants become exercisable proportionately with the underlying DSUs/RSUs; each dividend equivalent right is economically equivalent to one common share.
- Transaction code: A (award/grant/acquisition).
Context This is a routine director compensation award (DSUs/RSUs) rather than a market trade. Derivative awards like DSUs/RSUs typically vest or convert into common shares over time and may include dividend equivalents as noted in the filing. Such grants are common for non-employee directors and do not by themselves indicate buying or selling sentiment.