Sandoval Brian E 4

What Happened
Brian E. Sandoval, a director of Scotts Miracle‑Gro Co. (SMG), was granted an award on March 6, 2026 consisting of 151 derivative units that represent the economic equivalent of 151 common shares. The filing reports this as an award/acquisition (code A); no per‑share price or cash value is provided in the Form 4 excerpt. This was a grant of equity compensation (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-03-06; Form 4 filed: 2026-03-09.
• Transaction type/code: Award/Grant (A) of 151 derivative units (shares reported as N/A for price/value).
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnote: Dividend equivalent rights accrued on DSU/RSU grants become exercisable proportionately with the DSUs/RSUs and each dividend equivalent equals one common share (see footnote F1).
• No indication of tax withholding, 10b5-1 plan, or sale; this is a compensation grant.

Context
Director grants like these are commonly part of routine compensation and are not the same as an insider buying or selling stock in the open market. Because these are derivative/award units (likely DSUs or RSUs with dividend equivalents), they typically convert to or pay out in shares or cash at a future vesting or payout date and do not immediately increase public float.