Form 4: Hagedorn Partnership Sells 50,000 Scotts Miracle-Gro Shares

Hagedorn Partnership, a 10% owner and director, sold 50,000 common shares of Scotts Miracle-Gro Co. for approximately $3.32 million.

Summary

• Hagedorn Partnership, L.P., identified as both a Director and a 10% Owner of Scotts Miracle-Gro Co. (SMG), reported a sale of common shares.
• On February 12, 2026, the partnership disposed of 50,000 common shares.
• The shares were sold at a weighted average price of $66.3987 per share, with individual trades ranging from $65.98 to $66.64.
• The total value of the transaction is approximately $3,319,935.
• Following this transaction, Hagedorn Partnership, L.P. beneficially owns 13,167,641 common shares.
• The transaction was executed pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged sale.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a slightly negative event due to a significant insider and 10% owner selling a substantial number of shares, even if pre-planned. While a 10b5-1 plan mitigates immediate negative sentiment, it still represents a reduction in insider holdings.

Positives

• The transaction was conducted under a Rule 10b5-1(c) plan, suggesting a pre-scheduled and non-discretionary sale rather than an immediate reaction to new information.

Negatives

• A significant insider, who is also a 10% owner and director, selling 50,000 shares could be perceived negatively by some investors, potentially signaling a lack of confidence or a move to diversify holdings.

Risks

• No specific risks were mentioned in this Form 4 filing, which primarily reports insider transactions.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The general partners of Hagedorn Partnership, L.P. (James Hagedorn, Katherine Hagedorn Littlefield, Peter Hagedorn, Robert Hagedorn, and Susan Hagedorn) disclaim beneficial ownership of the reported securities, except to the extent of their pecuniary interest therein.

Industry Context

StockSavvy.ai notes that insider sales, even those pre-planned under Rule 10b5-1, are routinely monitored by investors for insights into management's perspective on company valuation. While this specific transaction is by a significant shareholder and director, it does not inherently reflect broader industry trends in the consumer lawn and garden sector, but rather a specific portfolio management decision.

Comparison to Industry Standards

• This Form 4 filing reports an insider transaction and does not provide financial results or operational metrics that can be directly compared to industry standards or specific competitor performance.
• Insider trading activity, particularly by large shareholders and directors, is a standard data point tracked across all industries, with pre-planned sales (Rule 10b5-1) generally viewed as less indicative of immediate company prospects than open market, discretionary sales.

Related Party Transactions

• The Hagedorn Partnership, L.P. is a related party, with James Hagedorn, Katherine Hagedorn Littlefield, Peter Hagedorn, Robert Hagedorn, and Susan Hagedorn identified as its general partners. The transaction involves the sale of shares held by this partnership.

Stakeholder Impact

• Shareholders: May view the sale by a significant insider and director as a signal, potentially influencing their perception of the stock's value or future prospects.
• Company Management: The transaction itself does not directly impact company operations or strategy, but insider activity is often scrutinized by the market.

Next Steps

• No specific future actions or milestones are mentioned in this Form 4 filing, which is solely for reporting a past transaction.

Key Dates

Recommendation

While a significant insider sale, the transaction was pre-planned under a Rule 10b5-1 plan, which typically reduces the immediate negative implications compared to an open market, discretionary sale. The Hagedorn Partnership still retains a very substantial holding of over 13 million shares. Investors should monitor future insider activity and company performance, but this single pre-planned sale does not warrant an immediate 'sell' recommendation without further context or changes in company fundamentals. A 'hold' position is prudent to observe further developments.

Keywords

Scotts Miracle-Gro, SMG, Hagedorn Partnership, Insider Sale, Form 4, Equity Transaction, Director Sale, 10% Owner, Rule 10b5-1