STOCK TITAN

Scotts Miracle-Gro (SMG) director receives dividend equivalent rights grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Miaritis Nick reported acquisition or exercise transactions in this Form 4 filing.

SCOTTS MIRACLE-GRO CO director Nick Miaritis received 74 dividend equivalent rights tied to existing equity awards. These rights were granted as a compensation-related award with no cash price per right. Following the grant, he holds 268 dividend equivalent rights in total, each economically equivalent to one common share and vesting in step with the related DSUs or RSUs.

Positive

  • None.

Negative

  • None.
Insider Miaritis Nick
Role null
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights 74 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights — 268 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Dividend equivalent rights granted 74 rights Grant on 2026-06-05 as compensation award
Total dividend equivalent rights after grant 268 rights Holdings following reported transaction
Transaction price per right $0.0000 per right Non-cash compensation grant
Underlying common shares per right 1 common share per right Each right economically equals one share
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 of one common share financial
"Each dividend equivalent right is the economic equivalent of one common share of the Issuer."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Miaritis Nick

(Last)(First)(Middle)
C/O THE SCOTTS MIRACLE-GRO COMPANY
14111 SCOTTSLAWN ROAD

(Street)
MARYSVILLE OHIO 43041

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SCOTTS MIRACLE-GRO CO [ SMG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Rights(1)06/05/2026A74 (1) (1)Common Shares74(1)268D
Explanation of Responses:
1. The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately with the DSUs or RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one common share of the Issuer.
Remarks:
/s/ Kathy L. Uttley as attorney-in-fact for Nick Miaritis06/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SCOTTS MIRACLE-GRO (SMG) director Nick Miaritis report?

Director Nick Miaritis reported receiving 74 dividend equivalent rights as a compensation-related award. These rights are linked to existing DSU or RSU grants and increase his total holdings of such derivative rights to 268.

What are dividend equivalent rights in the SCOTTS MIRACLE-GRO (SMG) Form 4 filing?

Dividend equivalent rights are derivatives that mirror dividends on DSU or RSU grants. Each right is the economic equivalent of one common share and becomes exercisable proportionately with the related DSUs or RSUs as they vest over time.

Did SCOTTS MIRACLE-GRO (SMG) director Nick Miaritis buy or sell common shares?

The filing shows no open-market buys or sells of common shares. Instead, it reports an acquisition of 74 dividend equivalent rights as part of equity-based compensation, with no cash price per right listed in the transaction.

How many dividend equivalent rights does Nick Miaritis hold after this SCOTTS MIRACLE-GRO (SMG) transaction?

After the reported grant, Nick Miaritis holds 268 dividend equivalent rights. Each right represents the economic value of one common share and is tied to underlying DSU or RSU awards in his compensation package.

Are the SCOTTS MIRACLE-GRO (SMG) dividend equivalent rights immediately exercisable?

The dividend equivalent rights become exercisable proportionately with the DSUs or RSUs they relate to. This means they follow the same vesting schedule as the underlying stock units rather than being immediately exercisable on the grant date.