HAGEDORN JAMES 4
4 · SCOTTS MIRACLE-GRO CO · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Scotts Miracle-Gro (SMG) 10% Owner James Hagedorn Receives Phantom Stock
What Happened
James Hagedorn, reported as a 10% owner of Scotts Miracle‑Gro Co. (SMG), made two transactions reported on a Form 4. On 2026-02-27 he acquired 36.01 common shares at $55.54 per share for a total of $2,000 (coded as an "other acquisition" (J)). On 2026-03-06 he was granted 2,396.642 shares of phantom stock (coded as an award/derivative (A)); no cash price is reported for the phantom-stock grant.
Key Details
- Transaction dates and amounts:
- 2026-02-27: Acquired 36.01 shares @ $55.54 = $2,000 (Other acquisition, code J).
- 2026-03-06: Granted 2,396.642 phantom shares (Derivative award, code A); value not provided in the filing.
- Shares owned after the transactions: Not specified in this Form 4.
- Footnotes of note:
- F1: Hagedorn may be deemed a beneficial owner of partnership-held shares via Hagedorn Partnership, L.P.; the filing reflects his proportionate interest for 10%‑owner reporting.
- F2/F3: Each phantom share represents the right to one common share or the cash value; phantom shares are payable in cash upon termination and can be moved into an alternative investment.
- Filing timing: Form 4 was filed 2026-03-09 covering transactions through 2026-03-06; the filing does not indicate any tardiness.
Context
The 36-share purchase is a small open-market acquisition (modest dollar amount). The larger item is a derivative grant of phantom stock — a compensation/benefit instrument that entitles the holder to either shares or cash value later, rather than an immediate purchase of common stock. As a reported 10% owner via a partnership interest (not necessarily a typical employee stock-sale disclosure), these filings reflect both a minor personal purchase and a compensation-related award.
Insider Transaction Report
- Other
Common Shares
2026-02-27$55.54/sh+36.01$2,000→ 87,471.983 total - Award
Phantom Stock
[F2][F3]2026-03-06+2,396.642→ 237,393.148 total→ Common Shares (2,396.642 underlying)
- 31,533.64(indirect: By 401(k))
Common Shares
- 997,910(indirect: HPLP)
Common Shares
[F1]
Footnotes (3)
- [F1]Pursuant to Exchange Act Rule 16a-1(a)(1), the reporting person may be deemed, solely for purposes of determining whether he is a beneficial owner of more than 10% of the common shares of the Issuer ("Common Shares"), to be the beneficial owner of the securities of the Issuer that are held by Hagedorn Partnership, L.P., a Delaware limited partnership in which the reporting person is a general partner (the "Partnership"). Represents the aggregate proportionate interest of the reporting person and those family members in whose holdings he may be deemed to have a pecuniary interest, in Common Shares held by the Partnership.
- [F2]Each share of phantom stock represents the right to receive one common share of Issuer or the cash value thereof.
- [F3]Shares of phantom stock are payable in cash following termination of the reporting person's employment with Issuer. The reporting person may transfer his/her phantom stock into an alternative investment at any time.