Form 4: Nathan Baxter Increases Stake in Scotts Miracle-Gro

President and COO Nathan Baxter acquired 97.962 common shares of The Scotts Miracle-Gro Company via a dividend reinvestment plan.

Summary

• Nathan E. Baxter, President and COO of The Scotts Miracle-Gro Company, acquired 97.962 common shares.
• The transaction occurred on April 30, 2026, at a price of $51.04 per share.
• Following this transaction, the reporting person directly owns 61,014.8438 common shares.
• The reporting person maintains an indirect interest in 36,993 shares held by Hagedorn Partnership, L.P.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction rather than a strategic shift.

Positives

• Insider acquisition of shares demonstrates management confidence in the company's long-term value.

Negatives

• None identified in this filing.

Risks

• The reporting person is deemed a beneficial owner of shares held by Hagedorn Partnership, L.P., which may subject the reporting person to risks associated with the partnership's holdings.

Future Outlook

Not applicable as this is a routine insider transaction filing.

Industry Context

StockSavvy.ai notes that routine insider acquisitions via dividend reinvestment plans are standard corporate governance events and do not typically signal a change in strategic direction.

Comparison to Industry Standards

• The transaction aligns with standard executive compensation and equity ownership practices for large-cap consumer goods companies.

Related Party Transactions

• The reporting person is a general partner of Hagedorn Partnership, L.P., which holds 36,993 shares of the issuer.

Stakeholder Impact

• Minimal impact on shareholders as this is a small-scale acquisition by an insider.

Next Steps

• None mentioned.

Key Dates

Keywords

Scotts Miracle-Gro, SMG, Insider Trading, Form 4, Nathan Baxter, Equity Ownership