HAGEDORN JAMES 4

What Happened James Hagedorn, reported as a 10% owner of Scotts Miracle-Gro Co. (SMG), received an award of 1,194.235 shares of phantom stock on February 26, 2026. The award is reported at a per-share value of $69.78, for a total reported value of $83,334. The transaction is coded as an award/grant (derivative instrument), not an open-market purchase or sale.

Key Details

• Transaction date and value: 2026-02-26; 1,194.235 phantom shares @ $69.78 each; total $83,334.
• Instrument type: Phantom stock (derivative), reported as an acquisition/award (code A).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: Each phantom share represents the right to one common share or the cash value thereof. Phantom shares are payable in cash following termination of Hagedorn’s employment and may be transferred into an alternative investment at any time.
• Filing date: 2026-03-02; the Form 4 does not indicate a late filing.

Context Phantom stock is a form of derivative compensation that gives the holder the economic equivalent of shares (cash or stock at a later date) rather than immediate share ownership. Because these units are payable in cash after termination per the footnote, this award does not necessarily mean new common shares were issued or sold on the market now. As a 10% owner, Hagedorn is a significant shareholder; this filing reports a compensation-related award rather than a market buy or sell.