Form 4: Scotts Miracle-Gro CEO James Hagedorn Reports Changes in Beneficial Ownership

James Hagedorn, Chairman & CEO of Scotts Miracle-Gro, reports transactions involving common shares and phantom stock.

Summary

• James Hagedorn, Chairman & CEO of Scotts Miracle-Gro, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• The reported transactions include the acquisition of common shares on January 24, 2025, February 25, 2025, and March 7, 2025, at prices of $61.64, $50.74, and $63.0377 respectively.
• Hagedorn also acquired phantom stock on March 7, 2025, representing the right to receive 2,215.001 common shares or their cash value.
• Following these transactions, Hagedorn directly owns 78,371.9688 common shares and indirectly owns 1,231,147 shares through Hagedorn Partnership, L.P. and 29,413.378 shares through a 401(k) plan.
• He also directly owns 211,277.277 shares of phantom stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document primarily reports transactions without expressing any opinion or forward-looking statements. The CEO buying shares is mildly positive, but it's a routine disclosure.

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

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's common for executives to receive stock options or grants as part of their compensation, and their subsequent trading activity is closely monitored by investors.

Stakeholder Impact

• The reported transactions may influence investor sentiment regarding Scotts Miracle-Gro.

Key Dates