Form 4: Scotts Miracle-Gro CEO James Hagedorn Reports Changes in Beneficial Ownership
SEC Form 4 Filing
James Hagedorn, Chairman, CEO, and President of Scotts Miracle-Gro, reports transactions involving the company's common shares.
Summary
- On March 25, 2024, James Hagedorn reported acquiring 32.9272 common shares at a price of $60.74.
- On the same day, Hagedorn disposed of 87,015.4271 common shares.
- Following these transactions, Hagedorn directly owns 27,384.083 common shares through a 401(k) plan and 1,314,791 common shares indirectly through HPLP.
- Hagedorn may be deemed a beneficial owner of more than 10% of the common shares due to his role as a general partner in Hagedorn Partnership, L.P.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports transactions and doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions. It allows investors to monitor the actions of key executives and assess their confidence in the company's prospects.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a key executive.
- It can influence investor perception of the company based on the executive's buying or selling activity.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of transaction involving the acquisition and disposition of common shares. |
| 04/08/2024 | Date of signature for the report. |
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