GrowGeneration (NASDAQ: GRWG) reports 2026 shareholder meeting and vote outcomes
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
GrowGeneration Corp. reported the results of its 2026 Annual Meeting of Shareholders, held by remote communication on June 18, 2026. Shareholders representing 55.03% of outstanding common shares as of April 20, 2026 were present in person or by proxy.
Five directors — Darren Lampert, Michael Salaman, Eula Adams, Stephen Aiello, and Starlett Carter — were elected to serve until the 2027 annual meeting. Shareholders approved, on an advisory basis, the compensation of named executive officers and approved an amendment to the Second Amended and Restated 2018 Equity Incentive Plan to increase the total number of shares issuable under the plan, effective June 18, 2026. They also ratified the appointment of BDO USA, P.C. as independent registered public accounting firm for the fiscal year ending December 31, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Meeting participation: 55.03% of outstanding shares
Votes for Darren Lampert: 14,617,202 shares
Votes for Starlett Carter: 15,350,681 shares
+3 more
6 metrics
Meeting participation
55.03% of outstanding shares
Shares present at 2026 annual meeting as of April 20, 2026 record date
Votes for Darren Lampert
14,617,202 shares
Election to board at 2026 annual meeting
Votes for Starlett Carter
15,350,681 shares
Election to board at 2026 annual meeting
Say-on-pay votes for
14,515,031 shares
Advisory approval of executive compensation
Equity plan amendment votes for
13,652,370 shares
Approval to increase shares issuable under 2018 plan
Auditor ratification votes for
32,361,148 shares
Appointment of BDO USA, P.C. for fiscal year ending December 31, 2026
Key Terms
Say-on-Pay, Second Amended and Restated 2018 Equity Incentive Plan, independent registered public accounting firm, broker non-votes, +1 more
5 terms
Say-on-Pay financial
"Proposal 2 – Say-on-Pay. The compensation of the Company’s named executive officers was approved on an advisory basis."
A say-on-pay is a shareholder vote that gives investors a chance to approve or disapprove a company’s executive compensation packages, typically held at annual meetings. It matters because the vote signals investor satisfaction with how leaders are paid—like customers rating how well managers are rewarded—and can push boards to change pay plans, reducing governance risk and affecting investor confidence and stock value even though the vote is usually advisory rather than legally binding.
Second Amended and Restated 2018 Equity Incentive Plan financial
"The amendment of the Company’s Second Amended and Restated 2018 Equity Incentive Plan to increase the total number of shares issuable under the plan, was approved"
independent registered public accounting firm regulatory
"The appointment of BDO USA, P.C. as the Company’s independent registered public accounting firm to audit the Company’s financial statements"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
broker non-votes financial
"For | Against | Abstain | Broker Non-Votes 14,515,031 | 1,518,422 | 52,684 | 16,984,401"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
record date regulatory
"55.03% of the Company’s outstanding shares of common stock as of April 20, 2026, the record date, were present at the Annual Meeting"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
FAQ
Were GrowGeneration Corp. (GRWG) director nominees elected at the 2026 annual meeting?
Yes. All five nominees—Darren Lampert, Michael Salaman, Eula Adams, Stephen Aiello, and Starlett Carter—were elected to the board to serve until the 2027 annual meeting or until their successors are duly elected and qualified, based on the shareholder voting results reported.
Who is GrowGeneration Corp.’s (GRWG) independent auditor for fiscal year 2026?
Shareholders approved the appointment of BDO USA, P.C. as GrowGeneration’s independent registered public accounting firm to audit the company’s financial statements as of December 31, 2026 and for the fiscal year then ending, with 32,361,148 shares for, 554,290 against, and 155,100 abstaining.