Form 4: Scotts Miracle-Gro CEO James Hagedorn Executes Stock Option and Sells Shares

Scotts Miracle-Gro's Chairman and CEO, James Hagedorn, exercised stock options and sold a portion of his holdings on January 30, 2025.

Summary

• James Hagedorn, Chairman and CEO of Scotts Miracle-Gro, exercised stock options to acquire 142,733 common shares at a price of $59.62 on January 30, 2025.
• On the same day, Hagedorn sold a total of 142,733 common shares in multiple transactions at weighted average prices of $70.7435, $71.6797, and $72.1352.
• The sales resulted in a reduction of Hagedorn's direct holdings of Scotts Miracle-Gro common shares to 88,309.8381.
• Hagedorn also has indirect ownership of 29,413.378 shares through a 401(k) plan and 1,231,147 shares through Hagedorn Partnership, L.P.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing insider transactions, which is neither positive nor negative in itself. It reflects normal executive activity.

Industry Context

This is a routine filing related to insider transactions and is common for executives who hold stock options and shares in their company. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Executive stock option exercises and share sales are common across publicly traded companies.
• The reported transactions are within the normal range of activity for executives at comparable companies.
• There is no indication of unusual or concerning activity compared to industry standards.

Stakeholder Impact

• The transactions may have a minor impact on the stock price due to the volume of shares sold by the CEO.
• The transactions do not have a direct impact on employees, customers, or suppliers.

Key Dates

Keywords

stock options, insider trading, share sales, beneficial ownership, common shares, Scotts Miracle-Gro, SMG, James Hagedorn