Scotts Miracle-Gro CEO awarded phantom stock units
HAGEDORN JAMES reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
HAGEDORN JAMES reported acquisition or exercise transactions in this Form 4 filing.
SCOTTS MIRACLE-GRO CO Chairman & CEO James Hagedorn reported a compensation-related grant of 1,507.024 phantom stock units on common shares at $59.94 per unit. Each phantom stock unit represents the right to receive one common share or its cash value, payable in cash after his employment ends.
Following this grant, Hagedorn holds 241,406.428 phantom stock units directly, plus 88,630.7508 common shares directly after a small other transaction of 39.185 shares. Indirect holdings include 997,910 common shares through Hagedorn Partnership, L.P. and 31,533.640 common shares via a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
HAGEDORN JAMES
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1,507.024 | $59.94 | $90K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| Other | Common Shares | 39.185 | $51.04 | $2K |
Holdings After Transaction:
Phantom Stock — 241,406.428 contracts (Direct);
Common Shares — 88,630.7508 shares (Direct);
Common Shares — 31,533.64 shares (Indirect, By 401(K) Plan);
Common Shares — 997,910 shares (Indirect, HPLP)
Footnotes (3)
- F1. Pursuant to Exchange Act Rule 16a-1(a)(1), the reporting person may be deemed, solely for purposes of determining whether he is a beneficial owner of more than 10% of the common shares of the Issuer ("Common Shares"), to be the beneficial owner of the securities of the Issuer that are held by Hagedorn Partnership, L.P., a Delaware limited partnership in which the reporting person is a general partner (the "Partnership"). Represents the aggregate proportionate interest of the reporting person and those family members in whose holdings he may be deemed to have a pecuniary interest, in Common Shares held by the Partnership.
- F2. Each share of phantom stock represents the right to receive one common share of Issuer or the cash value thereof.
- F3. Shares of phantom stock are payable in cash following termination of the reporting person's employment with Issuer. The reporting person may transfer his/her phantom stock into an alternative investment at any time.
Key Figures
Phantom stock grant: 1,507.024 units
Phantom stock grant price: $59.94 per unit
Total phantom stock after grant: 241,406.428 units
+4 more
7 metrics
Phantom stock grant
1,507.024 units
Grant of phantom stock units on 2026-05-26
Phantom stock grant price
$59.94 per unit
Price per phantom stock unit on 2026-05-26
Total phantom stock after grant
241,406.428 units
Direct phantom stock holdings following transaction
Direct common shares after J transaction
88,630.7508 shares
Direct common share holdings after 39.185-share other transaction
Hagedorn Partnership indirect shares
997,910 shares
Indirect common shares via Hagedorn Partnership, L.P.
401(k) plan indirect shares
31,533.640 shares
Indirect common shares held through 401(k) plan
Other common share transaction
39.185 shares at $51.04
Code J other acquisition or disposition on 2026-04-30
Key Terms
phantom stock, Exchange Act Rule 16a-1(a)(1), beneficial owner, pecuniary interest, +1 more
5 terms
phantom stock financial
"Each share of phantom stock represents the right to receive one common share of Issuer or the cash value thereof."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Exchange Act Rule 16a-1(a)(1) regulatory
"Pursuant to Exchange Act Rule 16a-1(a)(1), the reporting person may be deemed..."
beneficial owner financial
"may be deemed, solely for purposes of determining whether he is a beneficial owner of more than 10% of the common shares..."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest financial
"those family members in whose holdings he may be deemed to have a pecuniary interest, in Common Shares held by the Partnership."
401(K) Plan financial
"nature_of_ownership: By 401(K) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SMG Chairman & CEO James Hagedorn report?
James Hagedorn reported a grant of 1,507.024 phantom stock units tied to SCOTTS MIRACLE-GRO common shares at $59.94 per unit. This is a compensation-related award, not an open-market stock purchase or sale.
How many phantom stock units does James Hagedorn hold after this SMG filing?
After the reported grant, James Hagedorn holds 241,406.428 phantom stock units. Each unit represents the right to receive one SCOTTS MIRACLE-GRO common share or its cash value, generally payable in cash after his employment ends.
How does SMG define phantom stock in James Hagedorn’s compensation?
Each phantom stock unit represents the right to receive one SCOTTS MIRACLE-GRO common share or its cash value. These units are payable in cash after Hagedorn’s employment ends, and he may transfer phantom stock into alternative investments at any time.
Was there any significant SMG stock sale by James Hagedorn in this Form 4?
No significant sale is reported. The filing shows a grant of 1,507.024 phantom stock units and a small 39.185-share other transaction in common stock, along with updated direct and indirect holdings, rather than large open-market buying or selling.
AI-generated analysis. How Rhea-AI works. Not financial advice.
