Form 4: Scotts Miracle-Gro CEO James Hagedorn Reports Acquisition of Common Shares
SEC Form 4 Filing
James Hagedorn, Chairman, CEO, and President of Scotts Miracle-Gro, reports acquiring additional common shares, increasing his direct and indirect beneficial ownership.
Summary
- On October 25, 2024, James Hagedorn, the Chairman, CEO, and President of Scotts Miracle-Gro, acquired 27.185 common shares at a price of $73.57 per share.
- Following this transaction, Hagedorn directly owns 87,426.1452 common shares.
- He also indirectly owns 28,299.884 common shares through a 401(k) plan and 1,231,147 shares through Hagedorn Partnership, L.P.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard SEC filing reporting a transaction. The CEO buying shares could be seen as a positive signal, but it's not definitive.
Positives
- The CEO's purchase of shares may signal confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates changes in the beneficial ownership of Scotts Miracle-Gro's stock by its CEO.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 10/25/2024 | Date of transaction: James Hagedorn acquired common shares. |
| 11/06/2024 | Date of report filing. |
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