Scheiwer Mark J 4
Research Summary
AI-generated summary
Scotts Miracle‑Gro CFO Mark J. Scheiwer Receives Phantom Stock Award
What Happened
- Mark J. Scheiwer, EVP, Chief Financial Officer & Chief Accounting Officer of Scotts Miracle‑Gro Co. (SMG), was granted a derivative award of 10.367 shares of phantom stock on January 26, 2026. The award is reported at a price of $62.70 per share for a total reported value of $650 (transaction coded as A).
Key Details
- Transaction date: 2026-01-26; filing date: 2026-01-28 (appears timely).
- Award type: Derivative/phantom stock grant (Form 4 code A).
- Shares/units granted: 10.367 phantom shares at $62.70 each; total reported value $650.
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
- Footnotes:
- F1: Each phantom share represents the right to receive one common share or the cash value thereof.
- F2: Phantom shares are payable in cash following termination of employment; the reporting person may transfer phantom stock into an alternative investment at any time.
Context
- This was a compensation grant (phantom stock), not an open‑market purchase or sale. Phantom stock is a derivative award that typically entitles the holder to a future cash payment or company shares rather than immediate equity; it does not necessarily indicate a personal purchase decision.