Scotts Miracle-Gro exec logs tax share withholding
Scotts Miracle-Gro President and COO Nathan Eric Baxter, a more than 10% owner, reported routine changes in his holdings of Common Shares.
Rhea-AI Filing Summary
Scotts Miracle-Gro President and COO Nathan Eric Baxter, a more than 10% owner, reported routine changes in his holdings of Common Shares. On April 28, 2026, an F-code tax-withholding disposition of 5,897 shares at $65.38 per share was recorded to satisfy obligations by delivering shares, leaving him with 60,916.8818 Common Shares held directly.
The filing also shows a prior J-code “other” transaction on March 31, 2026 involving 91.458 shares at $54.67, after which his direct holdings stood at 66,813.8818 shares. In addition, he is reported as having an indirect interest in 36,993 Common Shares through Hagedorn Partnership, L.P., reflecting his and certain family members’ proportionate interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Baxter Nathan Eric
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 5,897 | $65.38 | $386K |
| holding | Common Shares | -- | -- | -- |
| Other | Common Shares | 91.458 | $54.67 | $5K |
Holdings After Transaction:
Common Shares — 60,916.8818 shares (Direct);
Common Shares — 36,993 shares (Indirect, HPLP)
Footnotes (1)
- 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.
Key Figures
Tax-withholding shares: 5,897 Common Shares
Direct holdings after April 28 transaction: 60,916.8818 Common Shares
Other transaction shares: 91.458 Common Shares
+3 more
6 metrics
Tax-withholding shares
5,897 Common Shares
Code F disposition on April 28, 2026 at $65.38 per share
Direct holdings after April 28 transaction
60,916.8818 Common Shares
Direct ownership following April 28, 2026 F-code disposition
Other transaction shares
91.458 Common Shares
Code J “other” non-derivative transaction on March 31, 2026 at $54.67
Direct holdings after March 31 transaction
66,813.8818 Common Shares
Direct ownership following March 31, 2026 J-code entry
Indirect partnership holdings
36,993 Common Shares
Aggregate proportionate interest via Hagedorn Partnership, L.P.
Tax-withholding price
$65.38 per share
Price per share for April 28, 2026 F-code disposition
Key Terms
tax-withholding disposition, Exchange Act Rule 16a-1(a)(1), beneficial owner, Hagedorn Partnership, L.P., +1 more
5 terms
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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%"
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.
Hagedorn Partnership, L.P. financial
"securities of the Issuer that are held by Hagedorn Partnership, L.P., a Delaware limited partnership"
pecuniary interest financial
"family members in whose holdings he may be deemed to have a pecuniary interest"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Scotts Miracle-Gro (SMG) report for Nathan Eric Baxter on April 28, 2026?
Scotts Miracle-Gro reported an F-code tax-withholding disposition for President and COO Nathan Eric Baxter involving 5,897 Common Shares at $65.38 per share. This satisfied obligations by delivering shares and left him holding 60,916.8818 Common Shares directly afterward.
Is the April 28, 2026 Scotts Miracle-Gro (SMG) insider transaction an open-market sale?
The April 28, 2026 entry is coded F, indicating a tax-withholding disposition rather than an open-market sale. Shares were delivered to cover an exercise price or tax liability, so it reflects a mechanistic settlement of obligations instead of a discretionary market trade.
What is the J-code transaction reported for Scotts Miracle-Gro (SMG) on March 31, 2026?
On March 31, 2026, a J-code transaction labeled “other acquisition or disposition” was reported for 91.458 Common Shares at $54.67. This non-derivative event changed Nathan Eric Baxter’s direct holdings to 66,813.8818 shares immediately after that transaction.
What indirect Scotts Miracle-Gro (SMG) holdings does Nathan Eric Baxter report through Hagedorn Partnership, L.P.?
The filing states that 36,993 Common Shares are held indirectly through Hagedorn Partnership, L.P. This represents the aggregate proportionate interest of Nathan Eric Baxter and certain family members in the partnership’s holdings, for Exchange Act Rule 16a-1(a)(1) beneficial ownership purposes.
Does Nathan Eric Baxter qualify as a more than 10% beneficial owner of Scotts Miracle-Gro (SMG)?
The filing notes that, under Exchange Act Rule 16a-1(a)(1), Nathan Eric Baxter may be deemed a beneficial owner of more than 10% of Scotts Miracle-Gro Common Shares. This includes his interest in shares held by Hagedorn Partnership, L.P., where he is a general partner.
AI-generated analysis. How Rhea-AI works. Not financial advice.
