Form 4: Scotts Miracle-Gro Co: Hagedorn Partnership, L.P. Reports Sale of Common Shares

Hagedorn Partnership, L.P., along with several related individuals, reported the sale of Scotts Miracle-Gro Co common shares on February 13, 2025.

Summary

• On February 13, 2025, Hagedorn Partnership, L.P. sold 62,400 common shares of Scotts Miracle-Gro Co at a weighted average price of $66.7.
• An additional 477 common shares were sold at a weighted average price of $67.32.
• Following these transactions, the Hagedorn Partnership directly holds 13,432,151 common shares.
• James Hagedorn, Katherine Hagedorn Littlefield, Robert Hagedorn, Susan Hagedorn, and Nathan Baxter, as general partners, disclaim beneficial ownership except to the extent of their pecuniary interest.
• James Hagedorn directly holds 78,200.8381 shares and indirectly holds 29,413.378 shares through a 401(k) plan.
• Katherine Hagedorn Littlefield directly holds 6,940 shares, and Nathan Baxter directly holds 51,640.727 shares.
• The transactions were executed in multiple trades at varying prices, with detailed information available upon request.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to the insider selling, which could indicate a lack of confidence in the company's near-term prospects, although it could also be for personal financial reasons.

Negatives

• The Hagedorn Partnership, L.P. sold a significant number of shares, which could be interpreted negatively by the market.

Risks

• Continued selling pressure from insiders could negatively impact the stock price.
• The market may react negatively to the insider selling activity.

Industry Context

Insider selling is a common occurrence, but the market often scrutinizes the timing and magnitude of such transactions for signals about a company's prospects. Large sales by insiders can sometimes raise concerns among investors.

Stakeholder Impact

• Shareholders may react to the insider selling activity.
• Employees may be concerned about the implications of insider selling.

Key Dates

Keywords

Scotts Miracle-Gro, Hagedorn Partnership, insider trading, common shares, SMG, sale of shares