SMG Form 4: James Hagedorn Acquires 41.1015 Shares for $48.66
Rhea-AI Filing Summary
James Hagedorn, Chairman & CEO of Scotts Miracle-Gro Co (SMG), reported a transaction on Form 4 showing an acquisition on 09/30/2025 of 41.1015 common shares at a price of $48.66. Following the reported transaction the filing lists 79,911.6198 shares as directly beneficially owned. The Form 4 also discloses indirect holdings of 29,413.378 shares held through a 401(k) plan and 997,910 shares held by Hagedorn Partnership, L.P., of which the reporting person is a general partner. The filing explains the partnership holdings may cause the reporting person to be deemed a beneficial owner of more than 10% of the issuer's common shares. The form is signed by an attorney-in-fact on behalf of the reporting person with a signature date of 10/03/2025.
Positive
- Insider acquisition disclosed: 41.1015 shares purchased at $48.66
- Detailed ownership disclosure including indirect holdings of 997,910 and 29,413.378 shares
Negative
- None.
Insights
Insider purchase and large indirect stake explicitly disclosed.
The filing records an acquisition of 41.1015 shares at $48.66, which is a small, disclosed open-market purchase by the company's Chairman & CEO. The report also documents significant indirect ownership: 997,910 shares via Hagedorn Partnership, L.P. and 29,413.378 shares via a 401(k) plan.
These disclosed holdings and the statement that the partnership may make him a >10% owner are governance-relevant facts for investors tracking insider alignment and control structure.
Form 4 disclosure follows Section 16 reporting requirements for the transaction.
The Form 4 lists the transaction date 09/30/2025, transaction code and price $48.66, and shows the signature by an attorney-in-fact dated 10/03/2025. The filing contains the required explanation about deemed beneficial ownership through the partnership.
This submission appears to supply the specific data points Section 16 requires: transaction details, post-transaction holdings, and explanatory note about indirect ownership.