Shumlin Peter E 4

What Happened

• Peter E. Shumlin, a director of Scotts Miracle-Gro Co. (SMG), had 336 restricted stock units (RSUs) convert into 336 common shares on February 3, 2026. The filing shows a simultaneous disposition of 336 shares at $0.00, which indicates shares were surrendered/withheld (no cash proceeds) rather than sold on the open market.
• Reported values: conversion/acquisition listed as N/A; the surrendered/disposed shares are reported at $0.00 (total $0).

Key Details

• Transaction date: February 3, 2026. Report filed Feb 5, 2026 (timely).
• Transaction code: M (exercise or conversion of a derivative security — here, RSUs).
• Shares converted: 336 RSUs → 336 common shares. Shares disposed/withheld: 336 at $0.00.
• Shares owned after the transaction: not specified in the provided data.
• Relevant footnotes:
  • F1: Restricted stock units convert one-for-one into common shares.
  • F2: Notes a prior grant on Feb 3, 2023 of 2,553 RSUs (with dividend equivalents) vesting Feb 3, 2024.
• Filing timeliness: filed within the normal Form 4 window (not marked late).

Context

• This was a routine RSU vesting/conversion event, not an open-market purchase or sale. The $0.00 disposition reflects shares withheld/surrendered (commonly to cover tax withholding or related obligations), so there were no cash proceeds to the insider.
• For retail investors: such conversions and share-withholdings are common compensation mechanics and do not, by themselves, indicate the insider buying or selling shares for market sentiment.