Baxter Nathan Eric 4

What Happened Nathan E. Baxter, reported as a 10% owner of Scotts Miracle‑Gro Co. (SMG), had two reported acquisitions: a grant of 29,168 shares (reported at $0.00) on July 1, 2026, and an "other acquisition" of 95.383 shares on June 30, 2026 at $52.42 per share for a total of $5,000. Both entries are acquisitions (an award/grant plus a small purchase/other acquisition), which are purchases rather than sales.

Key Details

• Transaction dates and details:
  • 2026-06-30 — Other acquisition (code J): 95.383 shares @ $52.42 = $5,000.
  • 2026-07-01 — Grant/award (code A): 29,168 shares @ $0.00 (reported value $0).
• Filing: Form 4 filed 2026-07-06 for the June 30–July 1 transactions; this is after the typical 2-business-day deadline and may be late.
• Shares owned after the transactions: not disclosed in the filing.
• Footnote: F1 states Baxter may be deemed to beneficially own shares held by Hagedorn Partnership, L.P., where he is a general partner; the reported ownership and interest reflect partnership holdings (he’s a 10% owner via that entity).
• Transaction codes: A = award/grant (likely compensation/RSUs); J = other acquisition/disposition.

Context Grants (code A) are commonly compensation-related (e.g., RSUs or restricted stock) and do not necessarily signal the insider purchasing shares in the open market. The small J acquisition ($5k) is a minor buy. As a 10% owner with partnership holdings, these reported movements may reflect partnership-level allocations or compensation rather than routine open‑market investing.