Scotts Miracle-Gro (SMG) Hagedorn Partnership Sells 30,000 Shares

What Happened

• Hagedorn Partnership, L.P. (a reported 10% owner of Scotts Miracle-Gro Co., SMG) sold a total of 30,000 shares in open-market transactions on August 3, 2026. The sales consisted of 28,793 shares at a weighted-average price of $67.42 (proceeds $1,941,322) and 1,207 shares at a weighted-average price of $68.16 (proceeds $82,271), for combined proceeds of about $2,023,593. These were sales (not purchases), so they are not a bullish disclosure.

Key Details

• Transaction dates and prices:
  • 28,793 shares sold on 2026-08-03 at a weighted average $67.42 (trade prices ranged $67.00–$67.99; see footnote F1)
  • 1,207 shares sold on 2026-08-03 at a weighted average $68.16 (trade prices ranged $68.00–$68.99; see footnote F2)
• Total shares sold: 30,000; total proceeds ≈ $2,023,593.
• Filing: Form 4 filed 2026-08-05 reporting the 2026-08-03 trades (reported as timely in the filing).
• Shares owned after transaction: Not disclosed in the information provided on this Form 4.
• Ownership/beneficial notes: The shares are held by Hagedorn Partnership, L.P.; the named general partners (Chris Hagedorn, Katherine Hagedorn Littlefield, Nathan Baxter, Hope Reeves, and Robert Hagedorn) disclaim beneficial ownership except to the extent of any pecuniary interest (footnote F3).

Context

• This filing reports open-market sales by a 10% institutional owner rather than executive insider purchases. Sales by large holders can reflect portfolio management or other non-sentiment reasons; the filing itself does not state the motivation. Footnotes indicate the trades were executed in multiple lots at the price ranges shown and the weighted-average prices are reported here.