Baxter Nathan Eric 4
Research Summary
AI-generated summary
Scotts Miracle‑Gro (SMG) 10% Owner Baxter Nathan Eric Acquires 99 Shares
What Happened Baxter Nathan Eric, reported as a 10% owner of Scotts Miracle‑Gro Co. (SMG), recorded an acquisition of 98.951 shares on May 29, 2026 at $50.53 per share, a transaction value of approximately $5,000. The Form 4 reports the entry as an "Other acquisition or disposition" (code J), not a standard open‑market purchase or option exercise.
Key Details
- Transaction date and price: May 29, 2026 — 98.951 shares at $50.53 each (≈ $5,000 total).
- Transaction code: J (Other acquisition/disposition).
- Shares owned after transaction: Not stated in the filing.
- Footnote: The filer is deemed a 10% owner in part through Hagedorn Partnership, L.P.; the reported interest reflects the filer’s proportionate interest in partnership holdings (see footnote F1).
- Filing timeliness: Form filed June 9, 2026 — 11 days after the trade date (Form 4s are normally due within two business days), so the filing appears late.
Context This was a small-value acquisition by a reported 10% owner via partnership-related holdings. For retail investors, purchases can be more informative than sales, but this small dollar amount and the 10%‑owner/partnership note suggest this may reflect partnership bookkeeping or allocation rather than a strong personal conviction signal. The "J" code indicates an atypical acquisition type; the filing does not provide additional details about the nature of the transfer.