HAGEDORN JAMES 4

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.