HAGEDORN JAMES 4

What Happened

• James Hagedorn, a 10% owner of Scotts Miracle‑Gro Co. (SMG), was granted 1,272.152 units of phantom stock on 2026-06-26. The filing lists a per‑unit value of $71.01, for a total economic value of $90,336. This transaction is reported as an award/grant (derivative), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-26; Form 4 filed: 2026-06-30 (timely filing).
• Transaction type/code: A — Grant/award (derivative).
• Units granted: 1,272.152 phantom shares at $71.01 each; total value reported $90,336.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes:
  • F1 — Each phantom share represents the right to receive one common share or the cash value of one share.
  • F2 — Phantom shares are payable in cash upon termination of employment; the holder may transfer phantom stock into an alternative investment at any time.
• No indication of sale or immediate conversion of the award; this appears to be a compensation/vesting grant rather than an active market bet.

Context

• Phantom stock is a derivative/compensation vehicle that typically pays out in cash or shares later; it does not necessarily reflect a purchase or sale intent in the market.
• As a 10% owner, Hagedorn is a significant holder; however, this award should be read as a compensation or deferred‑value grant (per footnotes), not a direct stock purchase signaling bullish behavior.