SCOTTS MIRACLE-GRO (SMG) director granted 121 dividend equivalent rights as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Evans David C reported acquisition or exercise transactions in this Form 4 filing.
SCOTTS MIRACLE-GRO CO director David C. Evans received a grant of 121 dividend equivalent rights on June 5, 2026. These rights are tied to existing DSU or RSU awards and are economically equivalent to common shares. After this award, he holds 673 dividend equivalent rights directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Evans David C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 121 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 673 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent rights granted: 121 rights
Total rights after transaction: 673 rights
Price per right: $0.0000
+1 more
4 metrics
Dividend equivalent rights granted
121 rights
Grant to director David C. Evans on June 5, 2026
Total rights after transaction
673 rights
Dividend equivalent rights held directly after grant
Price per right
$0.0000
Grant price for dividend equivalent rights
Underlying common shares
121 shares
Underlying SMG common shares linked to new rights
Key Terms
Dividend Equivalent Rights, DSU, RSU, economic equivalent
4 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately..."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
DSU financial
"The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately..."
RSU financial
"The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately..."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one common share of the Issuer."
FAQ
What insider transaction did SCOTTS MIRACLE-GRO CO (SMG) report for David C. Evans?
SCOTTS MIRACLE-GRO CO reported that director David C. Evans received 121 dividend equivalent rights on June 5, 2026. These were granted as compensation, increasing his total dividend equivalent rights holdings to 673, all held directly.
What are dividend equivalent rights in the SCOTTS MIRACLE-GRO CO (SMG) Form 4?
Dividend equivalent rights are compensation instruments that mirror dividends on DSU or RSU grants. Each right is the economic equivalent of one SMG common share and becomes exercisable proportionately with the related deferred stock units or restricted stock units.
How many dividend equivalent rights does David C. Evans hold after this SCOTTS MIRACLE-GRO CO (SMG) transaction?
After the June 5, 2026 grant, David C. Evans holds 673 dividend equivalent rights directly. These rights are linked to his DSU or RSU awards and each right represents the economic equivalent of one SMG common share.
Are the SCOTTS MIRACLE-GRO CO (SMG) dividend equivalent rights tied to other awards?
Yes. The filing states the dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately with those DSUs or RSUs. This means they track and enhance the existing equity-based compensation awards.