Form 4: Scotts Miracle-Gro EVP and COO Nathan Baxter Reports Stock Disposal
SEC Form 4 Filing
Nathan Eric Baxter, EVP and COO of Scotts Miracle-Gro, reported the disposal of 1,655 common shares on April 28, 2024, to cover tax obligations.
Summary
- On April 28, 2024, Nathan Eric Baxter, the EVP and COO of Scotts Miracle-Gro, disposed of 1,655 common shares.
- The transaction was executed at a price of $68.46 per share.
- Following the transaction, Baxter directly owns 51,233.8411 common shares of Scotts Miracle-Gro.
- The disposal was related to tax obligations.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, as it reflects standard compensation and tax management practices.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like Nathan Baxter, transact in their company's stock. These filings provide transparency to the market regarding the buying and selling activities of those with privileged information.
Stakeholder Impact
- The transaction has a minimal impact on shareholders, as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/28/2024 | Date of stock disposal transaction |
| 04/30/2024 | Date of signature on the report |
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