Johnson Stephen L 4
Research Summary
AI-generated summary
Scotts Miracle‑Gro Director Stephen L. Johnson Receives 138-Unit Award
What Happened
Stephen L. Johnson, a director of Scotts Miracle‑Gro Co. (SMG), received an award of 138 derivative equity units on March 6, 2026. The Form 4 lists this as an "A" (award/grant) transaction for 138 shares (derivative units); no per-share price or total dollar value is reported. This was a compensation grant (not an open‑market purchase or sale).
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-09 (timely filing).
- Transaction type: Award / grant of derivative securities (code A).
- Amount: 138 units (reported as derivative securities). No price or transaction value provided.
- Shares owned after transaction: Not disclosed in the provided report.
- Footnote: Dividend equivalent rights accrue on the DSU/RSU grants and become exercisable proportionately with the units; each dividend equivalent is economically equivalent to one common share.
- Filing status: Not marked late.
Context
This was a typical director compensation award (likely RSUs or DSUs with dividend equivalents) rather than a market purchase or sale. Such grants reflect compensation policies and do not by themselves indicate the insider is buying or selling shares in the open market.