HAGEDORN JAMES 4

What Happened

• James Hagedorn, reported as a 10% owner of Scotts Miracle‑Gro Co. (SMG), received a grant of 142,315 derivative shares (reported as a zero-dollar award) and separately acquired 38.513 common shares at $51.93 each (total ~$2,000) on January 30, 2026. The large award is recorded as a derivative/award grant (Form 4 code A); the small purchase is reported as an “other acquisition” (code J).
• The $51.93 purchase is a modest direct buy (a small cash outlay). The zero-dollar grant typically reflects an award such as restricted stock units or another form of equity compensation rather than a market purchase.

Key Details

• Transaction dates: January 30, 2026; Filing date (Form 4): February 3, 2026 — filed within the required reporting window (timely).
• Purchase: 38.513 shares @ $51.93 = $2,000 (code J). Award: 142,315 derivative shares @ $0.00 (code A).
• Shares owned after transaction: Not specified in the filing.
• Footnote: The filing notes Hagedorn may be deemed beneficial owner of Partnership-held shares via Hagedorn Partnership, L.P.; the reported interest reflects his proportionate interest and family members’ holdings (see footnote F1).
• No indication of a 10b5-1 plan, tax withholding sale, or immediate sale of awarded shares in this filing.

Context

• For retail investors, direct purchases can signal personal buying interest, but this purchase amount is small. The large zero-dollar award is a common form of equity compensation or partnership allocation for a 10% owner and does not by itself indicate a market buy or sell.
• As a reported 10% owner (not necessarily an executive), Hagedorn’s filings may reflect partnership-level allocations rather than routine executive stock trades; treat awards and partnership-held interests differently from straightforward open-market insider buys or sells.