secwatch.observer — SEC 8-K summary
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Issuer:     SCOTTS MIRACLE-GRO CO (SMG)
CIK:        0000825542
Form:       8-K
Filed at:   2023-11-16T23:59:59+00:00
Accession:  0001443984-23-000312
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Denise Stump departs as EVP Global HR; separation agreement provides 24-month salary, $30K outplacement, equity vesting
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- Denise Stump, former EVP Global HR and Chief Ethics Officer, departed Oct 1, 2023; separation agreement signed Nov 12, 2023.
- Severance includes 24 months salary, two times target bonus (paid in installments), $30,000 outplacement lump sum.
- Stock options: 4,869 (Feb 2021) and 25,064 (Nov 2022) vested on termination; RSUs and performance units vest on schedule.
- Company aircraft personal use available for two years at her expense; noncompete and confidentiality obligations continue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/825542/000144398423000312/0001443984-23-000312-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/825542/000144398423000312/smg-20231116.htm
  HTML page:      https://secwatch.observer/filing/0001443984-23-000312

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer