Candelino Roberto 4

What Happened Candelino Roberto, a director of SCOTTS MIRACLE-GRO CO (SMG), was granted 79 derivative units on 2026-06-05. The Form 4 reports an award/acquisition (code A) of 79 units; no cash price or dollar value is provided. This was an award (not an open-market purchase or sale), so it represents compensation/benefit rather than a direct buy or sell signal.

Key Details

• Transaction date: 2026-06-05; Form filed: 2026-06-09 (filed 4 days after the transaction; Form 4s are typically due within two business days, so this appears later than the usual deadline).
• Amount: 79 derivative units (no per-share price or total dollar value reported).
• Shares owned after transaction: not specified in the supplied filing.
• Footnote: Dividend equivalent rights tied to DSU/RSU grants accrue and become exercisable proportionately with the underlying DSUs/RSUs; each dividend equivalent right is the economic equivalent of one common share.

Context This transaction is a grant of derivative awards (dividend-equivalent rights linked to DSUs/RSUs), common as director compensation. Such grants are different from open-market purchases (which can signal confidence) or sales (which can indicate liquidity needs); they mainly reflect standard compensation and do not alone indicate the insider’s view of the stock.