Scotts Miracle-Gro CEO disposes 12K shares for taxes
SCOTTS MIRACLE-GRO’s CEO reported shares withheld to cover exercise price or taxes and detailed his direct and partnership-related holdings.
Rhea-AI Filing Summary
SCOTTS MIRACLE-GRO CO (SMG) director, President and CEO Nathan Eric Baxter reported a Form 4 transaction involving common shares. On September 5, 2026, 12,023 common shares were delivered or withheld at $57.53 per share to pay an option exercise price or tax liability, leaving 78,442.5948 common shares held directly. He also reports an indirect holding representing a proportionate interest in 36,993 common shares through Hagedorn Partnership, L.P., in which he is a general partner and in which certain family members also hold interests. No Rule 10b5-1 trading plan is indicated.
Positive
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Negative
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Insights
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Insider Trade Summary
Exercise Price or Tax Liability: 12,023 shares
Exercise Price or Tax Liability
2 txns
Insider
Baxter Nathan Eric
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 12,023 | $57.53 | $692K |
| holding | Common Shares F1 | -- | -- | -- |
Holdings After Transaction:
Common Shares — 78,442.5948 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
Shares delivered/withheld for exercise price or tax: 12,023 common shares
Per-share value for code F transaction: $57.53 per share
Direct common shares following transaction: 78,442.5948 common shares
+2 more
5 metrics
Shares delivered/withheld for exercise price or tax
12,023 common shares
Payment of exercise price or tax liability on September 5, 2026
Per-share value for code F transaction
$57.53 per share
Value used for 12,023 common shares on September 5, 2026
Direct common shares following transaction
78,442.5948 common shares
Direct holdings after September 5, 2026 transaction
Indirect common shares via Hagedorn Partnership, L.P.
36,993 common shares
Aggregate proportionate interest reported as indirect ownership
Exercise price or tax liability transactions in this filing
1 transaction, 12,023 shares
Summary of code F transactions reported
Key Terms
Exchange Act Rule 16a-1(a)(1), beneficial owner, pecuniary interest, Hagedorn Partnership, L.P.
4 terms
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 regulatory
"may be deemed, solely for purposes of determining whether he is a beneficial owner"
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
"family members in whose holdings he may be deemed to have a pecuniary interest"
Hagedorn Partnership, L.P. financial
"securities of the Issuer that are held by Hagedorn Partnership, L.P., a Delaware"
FAQ
What insider transaction did SMG’s CEO Nathan Eric Baxter report on this Form 4?
Nathan Eric Baxter reported that 12,023 common shares of SCOTTS MIRACLE-GRO CO were delivered or withheld on September 5, 2026 to pay an option exercise price or tax liability, at a reported value of $57.53 per share.
What does the code F mean in the SMG CEO’s Form 4 transaction?
Transaction code F indicates payment of an option exercise price or tax liability by delivering or withholding securities. Here, 12,023 SMG common shares were used in this way at a reported value of $57.53 per share.
Is the SMG CEO’s reported ownership considered above 10% under the Exchange Act?
The footnote states that, under Exchange Act Rule 16a-1(a)(1), Nathan Eric Baxter may be deemed a beneficial owner of more than 10% of SMG common shares, based on securities held by Hagedorn Partnership, L.P., solely for purposes of that determination.
Was the SMG CEO’s September 5, 2026 transaction under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox as not affirmed, and there is no footnote stating that the September 5, 2026 transaction was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
