Scheiwer Mark J 4

What Happened

• Mark J. Scheiwer, EVP, CFO & CAO of Scotts Miracle-Gro Co. (SMG), made a small open-market acquisition and received equity-type awards. On 2026-02-27 he acquired 2.701 shares at $55.54 each for $150. On 2026-03-06 he was granted two derivative awards: 12.378 units and 42 units (total 54.378 units). The March grants are derivative/award units (no per-share price reported) and are payable as phantom stock/RSU-style units.

Key Details

• Transactions and filing:
  • 2026-02-27: Acquired 2.701 shares @ $55.54, total $150 (transaction code J – other acquisition).
  • 2026-03-06: Granted 12.378 units (A – award) and 42 units (A – award); listed as derivative awards (no dollar price shown).
  • Form 4 filed: 2026-03-09 reporting transactions through 2026-03-06.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes of note:
  • F1/F2: The granted units are phantom stock (each unit equals the right to one common share or its cash value) and are payable in cash after termination of employment.
  • F3: Dividend equivalent rights accrue on DSU/RSU grants and vest proportionately with those units.
• Filing timeliness: Filing date is 2026-03-09 for transactions on 2026-03-06; the filing does not indicate a late ('L') designation in the provided data.

Context

• The 2.701-share acquisition ($150) is very small and may reflect a minor open-market buy or fractional-share transaction (limited market-signaling value).
• The March awards are compensation-style, cash-settled phantom stock/RSU units — these are common for executives and represent future cash or share value rather than an immediate market purchase or sale.
• Such awards are standard compensation and, by themselves, do not necessarily indicate the insider's short-term buying or selling sentiment.