Form 4: Scotts Miracle-Gro EVP and COO Nathan Eric Baxter Reports Acquisition of Common Shares
SEC Form 4 Filing
Nathan Eric Baxter, EVP and COO of Scotts Miracle-Gro, reports acquiring common shares in two transactions on February 23, 2024, and March 8, 2024.
Summary
- On February 23, 2024, Nathan Eric Baxter acquired 102.3751 common shares of Scotts Miracle-Gro at a price of $48.84 per share.
- On March 8, 2024, Baxter acquired an additional 2.7174 common shares at $67.873 per share.
- Following these transactions, Baxter directly owns 52,806.523 common shares of Scotts Miracle-Gro.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of stock transactions by an executive. The acquisitions themselves are a mildly positive signal.
Positives
- The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment of interests.
Stakeholder Impact
- The reported transactions provide shareholders with insight into the executive's investment decisions.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Acquisition of 102.3751 common shares at $48.84 per share. |
| 03/08/2024 | Acquisition of 2.7174 common shares at $67.873 per share. |
| 03/12/2024 | Date of signature for the Form 4 filing. |
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