Scotts Miracle-Gro Reports Executive Changes, Comp Arrangements
Ticker: SMG · Form: 8-K · Filed: Jan 30, 2024 · CIK: 825542
| Field | Detail |
|---|---|
| Company | Scotts Miracle-Gro CO (SMG) |
| Form Type | 8-K |
| Filed Date | Jan 30, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**SMG filed an 8-K on Jan 30, 2024, signaling executive changes and new compensation plans.**
AI Summary
The Scotts Miracle-Gro Company filed an 8-K on January 30, 2024, reporting an event that occurred on January 25, 2024. This filing primarily concerns changes in the company's leadership and executive compensation arrangements, as indicated by Item 5.02, "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers." While specific names and dollar amounts are not detailed in this summary, the filing signals potential shifts in strategic direction or operational focus due to executive changes. Investors should pay attention to subsequent disclosures for details on new appointments and compensation, as these can influence future performance and shareholder value.
Why It Matters
Changes in executive leadership and compensation can signal strategic shifts or financial health, directly impacting investor confidence and the company's future direction.
Risk Assessment
Risk Level: medium — Changes in leadership can introduce uncertainty, but also opportunities for new strategies, making the risk level moderate until more details are disclosed.
Analyst Insight
Investors should monitor future filings for specific details on the executive changes and compensation packages, as these will provide clearer insights into the company's strategic direction and potential financial implications.
Key Players & Entities
- The Scotts Miracle-Gro Company (company) — registrant filing the 8-K
- January 30, 2024 (date) — date of 8-K filing
- January 25, 2024 (date) — date of earliest event reported in the 8-K
FAQ
What is the primary purpose of this 8-K filing by The Scotts Miracle-Gro Company?
The primary purpose of this 8-K filing, dated January 30, 2024, is to report on the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' as per Item 5.02, and 'Financial Statements and Exhibits' as per Item 9.01.
When did the earliest event reported in this 8-K filing occur?
The earliest event reported in this 8-K filing occurred on January 25, 2024, as stated in the 'Date of Report (Date of earliest event reported)' section.
What is the full legal name of the registrant as specified in its charter?
The full legal name of the registrant as specified in its charter is 'The Scotts Miracle-Gro Company'.
What is the state of incorporation for The Scotts Miracle-Gro Company?
The Scotts Miracle-Gro Company is incorporated in Ohio, as indicated by 'State or other jurisdiction of incorporation or organization: Ohio'.
What is the business address and phone number of The Scotts Miracle-Gro Company?
The business address of The Scotts Miracle-Gro Company is 14111 Scottslawn Road, Marysville, Ohio 43041, and its telephone number is (937) 644-0011.
Filing Stats: 603 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2024-01-30 16:06:17
Key Financial Figures
- $0.01 — nge on which registered Common Shares, $0.01 stated value SMG NYSE Indicate by che
Filing Documents
- smg-20240130.htm (8-K) — 33KB
- exhibit991-smg2024x01x308x.htm (EX-99.1) — 7KB
- 0001443984-24-000025.txt ( ) — 194KB
- smg-20240130.xsd (EX-101.SCH) — 2KB
- smg-20240130_def.xml (EX-101.DEF) — 14KB
- smg-20240130_lab.xml (EX-101.LAB) — 27KB
- smg-20240130_pre.xml (EX-101.PRE) — 15KB
- smg-20240130_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (a) Financial statements of businesses acquired: Not applicable. (b) Pro forma financial information: Not applicable. (c) Shell company transactions: Not applicable. (d) Exhibits: Exhibit No. Description 99.1 News Release issued by The Scotts Miracle-Gro Company on January 30, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE SCOTTS MIRACLE-GRO COMPANY Dated: January 30, 2024 By: /s/ DIMITER TODOROV Printed Name: Dimiter Todorov Title: Executive Vice President, General Counsel, Corporate Secretary & Chief Compliance Officer 3 INDEX TO EXHIBITS Current Report on Form 8-K Dated January 30, 2024 The Scotts Miracle-Gro Company Exhibit No. Description 99.1 News Release issued by The Scotts Miracle-Gro Company on January 30, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 4