Form 4: Scotts Miracle-Gro CEO James Hagedorn Reports Share Transactions

James Hagedorn, Chairman, CEO, and President of Scotts Miracle-Gro, reports acquisition and disposal of common shares and phantom stock units.

Summary

• On February 28, 2024, James Hagedorn, the Chairman, CEO, and President of Scotts Miracle-Gro, reported transactions involving the company's common shares and phantom stock.
• Hagedorn acquired 738 common shares through the settlement of phantom stock units.
• He also disposed of 28 common shares to cover tax obligations at a price of $63.02 per share.
• Following these transactions, Hagedorn directly owns 86,854.9071 common shares and indirectly owns 27,384.083 shares through a 401(k) plan and 1,401,147 shares through Hagedorn Partnership, L.P.
• He also owns 187,856.232 phantom stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing insider transactions, which is neutral in sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. These transactions can be influenced by factors such as personal financial planning, diversification, and company compensation structures.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders, as they provide insight into the actions of a key executive.
• However, the scale of the transactions is unlikely to significantly affect the company's overall performance or stock price.

Key Dates