Form 4: Scotts Miracle-Gro Chairman & CEO James Hagedorn Reports Acquisition of Phantom Stock

James Hagedorn, Chairman & CEO of Scotts Miracle-Gro, reports acquiring phantom stock representing the right to receive common shares or their cash value.

Summary

• On April 28, 2025, James Hagedorn, Chairman & CEO of Scotts Miracle-Gro, reported a transaction involving phantom stock.
• Hagedorn acquired phantom stock representing the right to receive 1,512.66 common shares of Scotts Miracle-Gro or the cash value thereof.
• The price of the phantom stock was $55.09 per share.
• Following the transaction, Hagedorn directly owns 214,255.025 common shares.
• The phantom stock is payable in cash following the termination of Hagedorn's employment with Scotts Miracle-Gro and can be transferred into an alternative investment at any time.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of insider transactions. The acquisition of phantom stock could be interpreted as a positive sign of confidence, but it's not definitively bullish.

Positives

• The acquisition of phantom stock by the CEO could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates changes in the beneficial ownership of Scotts Miracle-Gro securities by its Chairman & CEO.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment if viewed as a sign of confidence from the CEO.

Key Dates

Keywords

Scotts Miracle-Gro, SMG, James Hagedorn, phantom stock, beneficial ownership, Form 4, SEC