Scotts Miracle-Gro (SMG) 10% Owner Katherine Littlefield Hagedorn Receives Award

What Happened

• Katherine Littlefield Hagedorn, listed as a 10% owner of Scotts Miracle-Gro Co. (SMG), was reported to have received an award on 2026-09-04 consisting of 37 derivative shares. The Form 4 records this as an "A" (Grant/award or other acquisition) transaction; no per-share price or total dollar value is reported (N/A). This appears to reflect derivative/dividend-equivalent rights tied to DSU/RSU grants rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-04; Form 4 filed: 2026-09-09 (filed 5 calendar days after the transaction; this is later than the typical 2-business-day Form 4 deadline and may be considered late).
• Security acquired: 37 derivative shares (award/grant, transaction code A); price: N/A.
• Shares owned after transaction: not disclosed in the information provided.
• Footnote: Dividend equivalent rights accrued on DSU or RSU grants become exercisable proportionately with the DSUs/RSUs; each dividend equivalent right is the economic equivalent of one common share.

Context

• This is an award/derivative acquisition (likely dividend equivalents tied to deferred stock units), not an open-market buy or sale — such awards are typically part of compensation or deferred pay and do not necessarily signal a trading decision. As a reported 10% owner, this transaction reflects an owner-level grant rather than routine insider buy/sell activity. The small size (37 shares) is immaterial on its own.