Hagedorn Christopher 4
Research Summary
AI-generated summary
Scotts Miracle-Gro (SMG) EVP Christopher Hagedorn Surrenders 2,588 Shares
What Happened
- Christopher Hagedorn, Executive Vice President & Chief of Staff at Scotts Miracle-Gro Co. (SMG), disposed of 2,588 shares on 2026-02-03 by surrendering them to cover a tax liability.
- The shares were valued at $63.69 each, for a total value of approximately $164,830.
- This was a tax-withholding disposition (routine), not an open-market sale indicating a directional trade.
Key Details
- Transaction date: 2026-02-03; filing date: 2026-02-05 (timely filing).
- Price per share: $63.69; shares surrendered/disposed: 2,588; total value: ~$164,830.
- Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered).
- Shares owned after the transaction: not specified in the provided filing.
- No indication in the filing of a 10b5-1 plan or other trading plan for this specific disposition.
Context
- Code F typically means shares were used to satisfy tax obligations from an equity award or option exercise; this is a routine administrative transaction (often called share withholding or a cashless exercise for tax purposes), not a market sell signal.
- Such withholdings are common and do not necessarily reflect the insider's view on company prospects.