Form 4: Scotts Miracle-Gro EVP and COO Nathan Eric Baxter Sells Shares

Sentiment:

SEC Form 4 Filing


Nathan Eric Baxter, EVP and COO of Scotts Miracle-Gro, reported the sale of common shares on August 21 and 22, 2024.

Summary

  • Nathan Eric Baxter, an EVP and COO at Scotts Miracle-Gro Co, reported changes in beneficial ownership.
  • On August 21, 2024, Baxter sold 2,761 common shares at a weighted average price of $70.85 and 227 common shares at a weighted average price of $71.87.
  • On August 22, 2024, Baxter sold 777 common shares at a weighted average price of $70.47 and 151 common shares at a weighted average price of $71.09.
  • Following these transactions, Baxter directly owns 51,510.6601 common shares.
  • Baxter also indirectly owns 36,993 common shares through the Hagedorn Partnership, L.P., where he is a general partner.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a lack of confidence in the company.

Key Dates

DateDescription
08/21/2024Sale of 2,761 common shares at $70.85 and 227 common shares at $71.87.
08/22/2024Sale of 777 common shares at $70.47 and 151 common shares at $71.09.
08/23/2024Date of signature by Attorney-in-Fact.

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