HAGEDORN JAMES 4

What Happened

• James Hagedorn, a reported 10% owner of Scotts Miracle‑Gro Co. (SMG), was granted 1,329.114 shares of phantom stock on January 26, 2026. The grant is reported at a per‑share value of $62.70, for a total reported value of $83,335.
• This transaction is recorded as an award/acquisition (code A) of a derivative (phantom stock), not an open‑market purchase of common shares.

Key Details

• Transaction date: 2026-01-26; Form 4 filed: 2026-01-28.
• Grant details: 1,329.114 phantom shares @ $62.70 each; total $83,335.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — each phantom share equals the right to receive one common share or the cash value thereof; F2 — phantom shares are payable in cash upon termination of employment and may be transferred into an alternative investment at any time.
• Filing timeliness: filed two days after the transaction date (no late‑filing indication in the Form 4).

Context

• This was an award of phantom stock (a derivative right), not an issuance or immediate delivery of common stock. Phantom shares typically track the value of common shares but are settled in cash or stock according to plan terms; here the filing notes cash payment upon termination or conversion to another investment. This kind of award is a compensation/benefit event and should not be interpreted as an immediate buy or sell of common shares.