SMG Chairman & CEO Hagedorn sells 142,733 shares for $10.2M across 3 transactions on 2025-01-30 at $71.56 avg; reduces stake by -61.8%
James Hagedorn executed 3 separate sales totaling 142,733 shares for $10,213,388.35 on 2025-01-30, substantially reducing his holding from 231,042 shares to 88,309 shares. The sales occurred at prices ($70.74, $71.68, $72.14) above the current price of $69.26 and above the 52-week low of $53.53, though the stock trades at -25.9% from its 52-week high of $93.47. Notably, Scotts Miracle-Gro was unprofitable over its most recent full fiscal year, and the company reported flat annual revenue growth of +0.0%, providing a financially cautious backdrop to this large reduction in insider ownership. At the same ticker, Hagedorn's prior 4 measurable sales (across 2023–2024) showed positive 30-day and 90-day returns, indicating his prior sells at SMG have not preceded stock declines, and the current sale's timing cannot yet be characterized as this is a scheduled Form 4 filing with no discretionary-timing flag stated.