Form 4: Scotts Miracle-Gro CEO James Hagedorn Reports Acquisition of Common Shares

James Hagedorn, Chairman & CEO of Scotts Miracle-Gro, reports acquiring additional common shares through a transaction on March 25, 2025.

Summary

• James Hagedorn, the Chairman & CEO of Scotts Miracle-Gro, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On March 25, 2025, Hagedorn acquired 41.5455 common shares at a price of $48.14 per share.
• Following this transaction, Hagedorn directly owns 79,473.5143 common shares.
• He also indirectly owns 29,413.378 common shares through a 401(k) plan and 1,231,147 common shares through Hagedorn Partnership, L.P.
• Hagedorn may be deemed a beneficial owner of more than 10% of the common shares due to his general partnership in Hagedorn Partnership, L.P.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as the CEO's purchase of shares suggests confidence in the company's prospects. However, it's a relatively small transaction.

Positives

• The acquisition of shares by the CEO could be interpreted as a positive signal, indicating confidence in the company's future performance.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future prospects. An acquisition of shares by the CEO is generally viewed positively.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Form 4, beneficial ownership, common shares, Scotts Miracle-Gro, Hagedorn, SMG, acquisition