Hagedorn Christopher 4
Research Summary
AI-generated summary
Scotts Miracle‑Gro EVP Christopher Hagedorn Receives Award, Buys Shares
What Happened
Christopher Hagedorn, Executive Vice President & Chief of Staff at Scotts Miracle‑Gro (SMG), was granted a derivative award of 29,649 shares (Form 4 code A) and separately acquired 4.179 shares for $51.93 each, totaling $217 (code J). The award is reported as a derivative grant (no cash price shown on the grant line); the small 4.179-share purchase was a cash acquisition.
Key Details
- Transaction date: 2026-01-30.
- Award: 29,649 shares (code A — grant/award; reported as derivative, $0.00 reported on grant line).
- Purchase: 4.179 shares at $51.93 per share, total $217 (code J — “other acquisition or disposition”).
- Filing timeliness: marked late (transactionTimeliness = L) — the Form 4 was filed 2026-02-03 for a 2026-01-30 transaction.
- Shares owned after transaction: not specified in the summary provided.
- Notes: Code A indicates an equity award (e.g., RSUs or similar); code J is a generic “other” acquisition/disposition and the filing does not specify the exact reason for that small share acquisition.
Context
Derivative grants (code A) are typically compensation awards that vest over time; they do not necessarily signal a market view by the insider. The small 4.179-share cash purchase is immaterial in dollar terms and may reflect a plan-related transfer or fractional-share settlement; the filing does not explain its purpose. The late filing affects disclosure timeliness but does not by itself indicate any other issue.