Form 4: Hagedorn Partnership Sells 25,000 Scotts Miracle-Gro Shares

Hagedorn Partnership, a 10% owner and related to directors of Scotts Miracle-Gro Co, sold 25,000 common shares at an average price of $52.87 on May 2, 2025.

Summary

• On May 2, 2025, Hagedorn Partnership, L.P. sold 25,000 common shares of Scotts Miracle-Gro Co (SMG).
• The shares were sold at a weighted average price of $52.87, with individual transactions ranging from $52.11 to $53.52.
• Following the transaction, Hagedorn Partnership beneficially owns 13,344,274 common shares.
• The reporting individuals, James Hagedorn, Katherine Hagedorn Littlefield, Peter Hagedorn, Robert Hagedorn, and Susan Hagedorn, are general partners of the Hagedorn Partnership and disclaim beneficial ownership except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine disclosure of share sales by a significant shareholder. The sale itself doesn't necessarily indicate a negative outlook, but it warrants monitoring.

Industry Context

This filing reflects insider selling activity, which is a common occurrence. Investors often monitor such filings to gauge insider sentiment regarding the company's prospects. However, without additional context, it's difficult to determine the specific reasons behind the sale.

Stakeholder Impact

• The sale of shares by a major shareholder could potentially create short-term selling pressure on the stock.
• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Scotts Miracle-Gro, SMG, Hagedorn Partnership, Share Sale, Beneficial Ownership, Form 4, SEC Filing