Scotts Miracle‑Gro (SMG) 10% Owner Nathan Baxter Buys $5,000 Stock

What Happened

• Nathan Eric Baxter, reported as a >10% owner of Scotts Miracle‑Gro Co. (SMG), acquired 88.417 shares on July 31, 2026. The transaction price was $56.55 per share, for an aggregate reported value of $5,000. The Form 4 lists the transaction as an "Other acquisition or disposition (J)" and shows the shares were acquired (not sold).

Key Details

• Transaction date: 2026-07-31; reported on Form 4 filed 2026-08-05.
• Price and quantity: 88.417 shares at $56.55 per share; total reported value $5,000.
• Shares owned after transaction: not disclosed on this filing.
• Filing timeliness: Form 4 was filed five days after the trade date (filed Aug 5 for a Jul 31 transaction), which is later than the common 2-business-day reporting expectation.
• Footnote: Baxter may be deemed a beneficial owner of partnership-held shares via Hagedorn Partnership, L.P., in which he is a general partner; the filing attributes the reported interest to his proportionate stake in that partnership.

Context

• This is a small-value purchase by a 10% owner and may reflect a partnership allocation or other non-executive transaction; it should not be interpreted as management trading. The transaction code "J" indicates an "other" acquisition type (the filing gives no further detail). Purchases are generally more noteworthy than sales for signaling, but this specific purchase is modest and likely not material on its own.