HAGEDORN JAMES 4
Research Summary
AI-generated summary
Scotts Miracle-Gro (SMG) 10% Owner James Hagedorn Receives Award
What Happened
James Hagedorn, reported as a 10% owner of Scotts Miracle-Gro Co. (SMG), was granted 3,000.37 shares of phantom stock (derivative award) on 2026-03-26. The grant was reported at a per-share value of $65.11, for a total reported value of $195,354. The transaction code is "A" (award/grant/other acquisition).
Key Details
- Transaction date: 2026-03-26; filing date: 2026-03-27 (timely filing).
- Instrument: Phantom stock (derivative), 3,000.37 shares @ $65.11 = $195,354.
- Transaction type: A = Award/grant (derivative acquisition), not an open-market buy or sale.
- Shares owned after the transaction: Not specified in this filing.
- Footnotes: F1 — each phantom share represents the right to one common share or its cash value. F2 — phantom shares are payable in cash after termination of employment; the holder may transfer phantom stock into an alternative investment at any time.
- Filing timeliness: Reported the next day; no late-filing flag noted.
Context
This was a derivative award (phantom stock), not a market purchase—phantom stock typically entitles the holder to a future cash payment or stock equivalent rather than immediate share ownership. As a 10% owner, Hagedorn is a significant stakeholder; these awards can be part of compensation or ownership arrangements and do not by themselves indicate a buy/sell sentiment.