Flash FinanceUS
After hours S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · Scotts Miracle-Gro (SMG)

Scotts Miracle-Gro Strategy Chief Hagedorn to Depart September 30, 2026 Under Separation Deal

Neutral Impact 3 of 5 leadership Written later

Christopher J. Hagedorn, the company's Executive Vice President & Chief Strategy Officer, is leaving on September 30, 2026, under a Separation Agreement signed October 13, 2026. The agreement provides 24 months of salary, a bonus amount equal to 2.0 times his target bonus, and other benefits, and forfeits his unvested equity awards.

Key points

  • Departure date: September 30, 2026; separation agreement signed October 13, 2026
  • Severance includes 24 months of salary and a bonus amount equal to 2.0 times his target bonus, paid in two installments
  • Unvested stock options and performance units granted in 2024, 2025 and 2026 are forfeited; 57,033 options granted November 16, 2023 vested in full
  • Incentive payout for fiscal 2026 is scheduled for November 2026 and will depend on actual performance results

The filing

CompanyScotts Miracle-Gro (SMG)
Form8-K, current report
Filed with the SECOct 16, 2026, 4:06 PM ET
Accession number0000825542-26-000058

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 16, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.