Form 4: Baxter Acquires SMG Shares

Nathan Eric Baxter, a director and 10% owner of The Scotts Miracle-Gro Company, acquired 98.951 shares of common stock on May 29, 2026.

Summary

• Nathan Eric Baxter, a director and 10% owner of The Scotts Miracle-Gro Company (SMG), reported a transaction on May 29, 2026.
• Baxter acquired 98.951 shares of common stock at a price of $50.53 per share.
• Following this transaction, Baxter directly beneficially owns 61,113.7948 shares of common stock.
• Additionally, Baxter is deemed to be the beneficial owner of 36,993 shares held by Hagedorn Partnership, L.P., where he is a general partner.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents an insider increasing their direct stake, which can be interpreted as a sign of confidence, but it is a routine disclosure without broader financial performance data.

Positives

• Director and significant shareholder Nathan Eric Baxter has increased his direct beneficial ownership of The Scotts Miracle-Gro Company's common stock.
• The acquisition of 98.951 shares at $50.53 per share indicates a belief in the company's value by a key insider.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, such as this Form 4 filing by a director and 10% owner, are closely watched by the market as they can signal confidence or concerns about a company's future prospects within the consumer staples and gardening sector.

Related Party Transactions

• Nathan Eric Baxter is a general partner in Hagedorn Partnership, L.P., which holds 36,993 shares of common stock, indicating a related party beneficial ownership.

Stakeholder Impact

• Shareholders: The acquisition by a director and 10% owner may be viewed positively, suggesting insider confidence in the company's future performance.
• Management: Reinforces the alignment of interests between key insiders and shareholders.
• Creditors: No direct impact indicated by this transaction.

Key Dates

Keywords

Form 4, Insider Trading, Beneficial Ownership, The Scotts Miracle-Gro Company, SMG, Common Shares, Nathan Eric Baxter, SEC Filing