Aviles Edith 4

What Happened

• Edith Aviles, a director of SCOTTS MIRACLE-GRO CO (SMG), had 336 derivative units convert into 336 common shares on February 3, 2026 (transaction code M = exercise/conversion of derivative). The filing reports an acquisition of 336 shares (price N/A) and a simultaneous disposition of 336 shares at $0.00, resulting in no cash proceeds recorded.

Key Details

• Transaction date: February 3, 2026. Form filed: February 5, 2026 (appears timely).
• Acquired: 336 shares (derivative conversion) — price reported as N/A.
• Disposed: 336 shares (derivative) — price reported $0.00 (no cash proceeds).
• Shares owned after the transactions: not reported in the provided excerpt.
• Footnotes:
  • F1: Restricted stock units convert into common shares on a one-for-one basis.
  • F2: Notes a Feb 3, 2023 grant of 2,553 RSUs (with dividend equivalents) that vested Feb 3, 2024.
• Transaction code M indicates an exercise or conversion of a derivative instrument.

Context

• The pattern—shares converted from RSUs and an equal number transferred at $0—is consistent with shares being withheld to satisfy tax withholding obligations upon vesting/settlement rather than an open-market sale. Because there were no open-market proceeds, this is generally a routine compensation/vesting event, not a trading signal about company prospects.