Shumlin Peter E 4

What Happened

• Peter E. Shumlin, a director of Scotts Miracle‑Gro (SMG), was granted/received 4,049 restricted stock units (RSUs) on Jan 30, 2026 (no cash price). On Feb 2, 2026 he reported conversion/exercise activity involving 182 derivative shares acquired and a matching 182 derivative shares disposed; both transactions show $0 cash consideration in the filing.
• These entries reflect award/settlement and derivative conversion activity rather than an open‑market purchase or sale for cash.

Key Details

• Transaction dates and prices:
  • 2026-01-30: Award/Grant (A) — 4,049 RSUs @ $0.00 (acquired/awarded)
  • 2026-02-02: Exercise/conversion of derivative (M) — 182 shares acquired (price N/A)
  • 2026-02-02: Exercise/conversion of derivative (M) — 182 shares disposed @ $0.00 (derivative)
• Shares owned after the transactions: not specified in the provided filing.
• Footnotes:
  • F1: RSUs convert into common shares on a one-for-one basis.
  • F2: Reporting person was granted 1,398 RSUs on Feb 3, 2023 that vest on Feb 2, 2026 (accruing dividend equivalents).
• Filing/timeliness: Form 4 was filed Feb 3, 2026 for transactions through Feb 2, 2026 — appears timely.

Context

• RSUs are compensation awards that convert into common shares; conversions/exercises reported at $0 typically indicate settlement/transfer activity rather than an open‑market cash sale or purchase. When RSUs vest, companies sometimes withhold or transfer shares for tax or plan‑settlement purposes — the filing shows conversion and a matching disposal but does not provide a cash sale price or proceeds.