Scotts Miracle-Gro Chairman James Hagedorn Has Filed 2,207 Insider Transactions Totaling $312 Million in Sales
James Hagedorn, chairman of Scotts Miracle-Gro, received a 142,315-share stock award in January 2026 while maintaining a steady cadence of quarterly awards and transfers across 2,207 career filings.
James Hagedorn, chairman and controlling shareholder of Scotts Miracle-Gro (SMG), has filed 2,207 insider transactions since 2003, selling a cumulative $312 million in company stock. His most recent filing from January 30, 2026 reveals a 142,315-share stock award valued at approximately $9.1 million at $64.22 per share — the largest single award in his filing history.
The Numbers
| Metric | Value |
|---|---|
| Career Sell Value | $312 million |
| Total Transactions | 2,207 |
| First Transaction | 2003 |
| Last Transaction | Jan 30, 2026 |
| Shares Remaining | 142,315 |
| Career Buy Value | $7,903 |
Recent Activity
| Date | Type | Shares | Price | Est. Value |
|---|---|---|---|---|
| Jan 30, 2026 | Award | 142,315 | $64.22 | $9.14M |
| Jan 30, 2026 | Transfer | 38 | $51.93 | $1,973 |
| Dec 26, 2025 | Award | 1,563 | $57.76 | $90K |
| Nov 13, 2025 | Tax | 18,216 | $58.40 | $1.06M |
| Nov 13, 2025 | Award | 41,353 | — | — |
| Oct 28, 2025 | Award | 1,618 | $55.81 | $90K |
Hagedorn's recent filing pattern is almost entirely compensation-related: stock awards arriving monthly at $1,500–2,000 share blocks (roughly $90,000 each), with larger annual awards of 40,000–142,000 shares. The November 2025 tax withholding of 18,216 shares at $58.40 is standard for a large vesting event. Notably absent from recent filings are open-market sales — his last direct sells were in prior years when SMG traded at higher levels.
What It Means
The Hagedorn family has controlled Scotts Miracle-Gro since the 1990s through a dual-class share structure that gives the family voting control regardless of their economic stake. James Hagedorn's $312 million in career sales represents decades of systematic monetization, primarily during the cannabis-boom years of 2020-2021 when SMG's Hawthorne Gardening subsidiary drove the stock above $230. The stock has since collapsed to the $60 range, and Hagedorn's shift from active selling to accumulating awards suggests he views current prices as a floor rather than an exit opportunity. His nearly $8,000 in career purchases is negligible, but the absence of selling at these depressed levels tells its own story.
What to Watch
- Whether Hagedorn begins selling again if SMG recovers toward the $80-100 range, which would signal he views the turnaround as mature
- The Hawthorne Gardening restructuring and whether the cannabis market recovery lifts the stock from its post-bubble lows
- Future award sizes — the January 2026 grant of 142,315 shares was unusually large, potentially tied to a new long-term incentive plan
Breaking News Editor at 13F Insight. First to report on major SEC filings, institutional moves, and regulatory developments.
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