HAGEDORN JAMES 4
4 · SCOTTS MIRACLE-GRO CO · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Scotts Miracle‑Gro (SMG) 10% Owner James Hagedorn Acquires Shares
What Happened
James Hagedorn, reported as a 10% owner of Scotts Miracle‑Gro Co. (SMG), recorded two acquisitions. On 2026-05-26 he received a grant/award of 1,507.024 phantom shares (derivative award) valued at $59.94 each, totaling $90,331. On 2026-04-30 he acquired 39.185 common shares at $51.04 each for $2,000. Both entries are acquisitions (not sales), which are simply insider buys/awards and not evidence of future performance.
Key Details
- Transactions:
- 2026-05-26 — Grant/Award (code A): 1,507.024 phantom shares @ $59.94 = $90,331 (derivative award).
- 2026-04-30 — Other acquisition/disposition (code J): 39.185 common shares @ $51.04 = $2,000.
- Shares owned after transaction: Not specified in this filing.
- Footnotes of note:
- F1: Hagedorn may be deemed beneficial owner of Partnership-held shares via Hagedorn Partnership, L.P. (he is a general partner).
- F2: Each phantom share equals the right to one common share or its cash value.
- F3: Phantom shares are payable in cash upon termination; they can be moved into an alternative investment at any time.
- Filing timeliness: No late filing flag shown in the provided data.
Context
- The 1,507-share item is a derivative "phantom stock" award (not an immediate issuance of common shares). Phantom shares represent a right to value (or a share) later and are often settled in cash per the footnote.
- The smaller 39.185-share acquisition appears to be a straightforward purchase/allocation and is routine for insiders/partnership interests.
- As a reported 10% owner, some holdings reflect partnership-level ownership rather than only personal open-market trading; that distinction matters when interpreting insider intent.
This summary is factual and does not speculate about motivations. Purchases/awards are often viewed more positively by investors than sales, but they do not guarantee future stock performance.
Insider Transaction Report
- Other
Common Shares
2026-04-30$51.04/sh+39.185$2,000→ 88,630.751 total - Award
Phantom Stock
[F2][F3]2026-05-26$59.94/sh+1,507.024$90,331→ 241,406.428 total→ Common Shares (1,507.024 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.