SCOTTS MIRACLE-GRO (NYSE: SMG) director granted 79 dividend equivalent rights as compensation

Rhea-AI Filing Summary

Candelino Roberto reported acquisition or exercise transactions in this Form 4 filing.

SCOTTS MIRACLE-GRO CO director Roberto Candelino received a compensation-related award of derivative securities. On June 5, 2026, he was granted 79 Dividend Equivalent Rights, each economically equivalent to one common share of the company. These rights accrued on deferred stock unit (DSU) or restricted stock unit (RSU) grants and become exercisable proportionately with the underlying DSUs or RSUs. Following this award, Candelino directly holds 297 Dividend Equivalent Rights linked to common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Candelino Roberto

Role null

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	79	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 297 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Dividend Equivalent Rights granted: 79 rights Dividend Equivalent Rights after transaction: 297 rights Transaction price per right: $0.0000 per right +2 more

5 metrics

Dividend Equivalent Rights granted 79 rights Grant to director Roberto Candelino on June 5, 2026

Dividend Equivalent Rights after transaction 297 rights Total derivative holdings following June 5, 2026 award

Transaction price per right $0.0000 per right Compensation grant, not an open-market purchase

Underlying common shares per right 1 common share per right Each right is economic equivalent of one common share

Derivative transactions in filing 1 transaction Single derivative award acquisition reported

Key Terms

Dividend Equivalent Rights, DSU, RSU, Common Shares, +1 more

5 terms

Dividend Equivalent Rights financial

"The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately with the DSUs or RSUs to which they relate."

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 with the DSUs or RSUs to which they relate."

RSU financial

"The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately with the DSUs or RSUs to which they relate."

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.

Common Shares financial

"Each dividend equivalent right is the economic equivalent of one common share of the Issuer."

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Candelino Roberto

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Rights	(1)	06/05/2026		A		79		(1)	(1)	Common Shares	79	(1)	297	D

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 Roberto Candelino	06/09/2026
	** Signature of Reporting Person	Date
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 CO (SMG) report for Roberto Candelino?

SCOTTS MIRACLE-GRO CO reported that director Roberto Candelino received 79 Dividend Equivalent Rights on June 5, 2026. These derivative awards are compensation-related and are tied to existing DSU or RSU grants, rather than open-market share purchases or sales.

How many Dividend Equivalent Rights did Roberto Candelino hold after the June 5, 2026 SMG transaction?

After the June 5, 2026 award, Roberto Candelino held a total of 297 Dividend Equivalent Rights. These rights are directly owned and are economically equivalent to 297 common shares, linked to his underlying DSU or RSU compensation grants.

What are Dividend Equivalent Rights in the SCOTTS MIRACLE-GRO CO (SMG) Form 4 filing?

Dividend Equivalent Rights in this filing are derivative awards that accrue on DSU or RSU grants. Each right is the economic equivalent of one common share and becomes exercisable proportionately with the related deferred or restricted stock unit awards over time.

Was the June 5, 2026 SMG insider transaction a market buy or sell of shares?

The June 5, 2026 transaction for SCOTTS MIRACLE-GRO CO was not a market buy or sell. It was a grant of 79 Dividend Equivalent Rights to director Roberto Candelino as compensation, classified as a derivative award acquisition rather than an open-market trade.

How are the SMG Dividend Equivalent Rights linked to DSU or RSU grants?

The Dividend Equivalent Rights accrue on existing DSU or RSU grants and track those awards. They become exercisable in the same proportion and timing as the underlying deferred stock units or restricted stock units, mirroring the economic value of common share dividends.