Scotts Miracle-Gro CFO Mark Scheiwer Receives Phantom Stock Award

What Happened

• Mark J. Scheiwer, EVP, CFO & CAO of Scotts Miracle-Gro Co. (SMG), was granted 14.92 phantom shares on 2026-09-28. The grant is recorded as a derivative award at a per-share value of $50.27, for a total reported value of approximately $750. This was an award (A) of phantom/derivative stock rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-28; Form 4 filed: 2026-09-30 (timely within the usual two-business-day window).
• Price/value: $50.27 per share; total value ≈ $750.
• Shares owned following the reported transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — each phantom share represents the right to one common share or the cash value thereof; F2 — phantom shares are payable in cash upon employment termination and may be transferred into an alternative investment at any time.
• Transaction type: A (award/derivative), not a purchase (P) or sale (S).

Context

• This is a compensation-style phantom stock award (a derivative right), commonly used for deferred pay; it does not reflect an open-market buy or sell. Because phantom shares are payable in cash on termination (per the footnote), the grant represents deferred value rather than immediate stock ownership or an outright purchase signal.