Form 4: Scotts Miracle-Gro Chairman & CEO James Hagedorn Acquires Additional Shares

James Hagedorn, Chairman and CEO of The Scotts Miracle-Gro Company, acquired 37.4953 common shares at $53.34 per share on June 25, 2025, increasing his beneficial ownership.

Summary

• James Hagedorn, Chairman & CEO and a 10% owner of The Scotts Miracle-Gro Company (SMG), acquired 37.4953 common shares.
• The transaction occurred on June 25, 2025, at a price of $53.34 per share.
• Following this transaction, James Hagedorn directly owns 79,694.1493 common shares.
• Indirect beneficial ownership includes 29,413.378 common shares through a 401(K) Plan and 1,231,147 common shares through Hagedorn Partnership, L.P. (HPLP).
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: The acquisition of shares by the Chairman & CEO, while small, indicates continued alignment of management interests with shareholders. The transaction appears routine and part of a pre-planned strategy.

Positives

• The acquisition of shares by the Chairman & CEO, even a small amount, indicates continued alignment of management interests with shareholders.
• The transaction was conducted under a Rule 10b5-1(c) plan, suggesting a pre-planned and systematic approach to share ownership by the insider.

Future Outlook

This Form 4 filing does not provide any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide broader industry context or trends.

Related Party Transactions

• James Hagedorn's indirect beneficial ownership includes 1,231,147 common shares held by Hagedorn Partnership, L.P. (HPLP), a Delaware limited partnership in which he is a general partner. This represents his aggregate proportionate interest and that of family members in whose holdings he may be deemed to have a pecuniary interest.

Stakeholder Impact

• Shareholders may view the insider acquisition, even if small, as a positive signal of management's confidence in the company's future.

Key Dates

Recommendation

Keywords

Scotts Miracle-Gro, SMG, James Hagedorn, Insider Trading, Form 4, Share Acquisition, CEO, Director, 10% Owner, Rule 10b5-1