Miaritis Nick 4
Research Summary
AI-generated summary
SCOTTS MIRACLE-GRO Director Nick Miaritis Receives 64-Share Award
What Happened
Director Nick Miaritis received an award of 64 derivative shares (reported as a grant, code A) on March 6, 2026. No per-share price or total dollar value is provided in the filing because these are restricted/deferred (derivative) awards rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-06; filing date: 2026-03-09 (filed within the normal two-business-day window).
- Amount: 64 shares acquired as a derivative security (award/grant). Price: N/A.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: Dividend equivalent rights accrue on the DSU/RSU grants and become exercisable proportionately with the underlying units; each dividend equivalent is economically equivalent to one common share.
- Transaction code: A = Award/Grant (derivative); no tax-withholding or sale noted in this filing.
Context
These appear to be standard equity compensation (deferred stock units or restricted stock units) awarded to a director. Such grants are routine parts of director pay and do not represent an open-market purchase or sale. Dividend equivalent rights mean the award tracks dividend value as the units vest/exercisable; they do not immediately convert to common shares until vesting or other plan conditions are met.