Scotts Miracle‑Gro Director Brian Sandoval Receives 177‑Share Award

What Happened

• Brian E. Sandoval, a director of Scotts Miracle‑Gro Co. (SMG), was granted a derivative award of 177 shares on June 5, 2026. The filing classifies the transaction as an award/acquisition (Code A) and lists the instrument as a derivative (not an open‑market purchase). No per‑share price or total dollar value is reported.

Key Details

• Transaction date: 2026-06-05; Form 4 filed: 2026-06-09 (timely filing).
• Transaction type/code: Grant/Award (A); derivative security (likely RSUs or DSUs).
• Shares granted: 177 (reported as derivative units); price: N/A; total value: not disclosed.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Dividend equivalent rights accrued on DSU/RSU grants become exercisable proportionately with the units; each dividend equivalent equals the economic value of one common share.

Context

• This was an award of deferred/derivative units (common for directors) rather than an open‑market purchase or sale, so it reflects compensation/benefit rather than a direct market signal. Dividend equivalents tied to these units mean future payouts will track regular dividends as the units vest.