Shumlin Peter E 4

What Happened
Peter E. Shumlin, a director of Scotts Miracle‑Gro Co. (SMG), received an award of 153 derivative units on March 6, 2026. The filing lists this as an acquisition/award (code A) of 153 shares (derivative); no price or total dollar value is reported. The award appears to be a deferred/share‑based grant rather than an open‑market purchase.

Key Details

• Transaction date: 2026-03-06; Form 4 filed: 2026-03-09 (timely filed).
• Transaction type: Award/Grant (code A) of 153 derivative units; price = N/A; value = N/A.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: Dividend equivalent rights accrued on the DSU/RSU grants become exercisable proportionately with the underlying units; each dividend equivalent is economically equivalent to one common share.
• No indication in this filing of a 10b5-1 plan, sale, gift, tax withholding, or immediate sale of underlying shares.

Context
This appears to be a routine equity award to a director (common for board compensation) rather than a market purchase or sale. Derivative awards like DSUs/RSUs typically vest or convert to common shares under the company’s plans and may include dividend equivalents; they do not necessarily signal a buy/sell decision by the insider.