GrowGeneration (GRWG) CEO buys 64,098 shares at about $1.55
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GrowGeneration Corp. CEO Darren Lampert reported an open-market purchase of 64,098 shares of common stock at a weighted average price of about $1.55 per share. The filing states these shares were bought at prices ranging from $1.54 to $1.55.
After this transaction, Lampert directly holds 1,765,800 common shares. He is also indirectly associated with 138,474 shares, including 88,474 shares held by a spousal trust, for which he disclaims beneficial ownership, and 50,000 shares held by a charitable fund where he serves as trustee with voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 64,098 shares ($99,352)
Net Buy
2 txns
Insider
Lampert Darren
Role
CEO
Bought
64,098 shs ($99K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 64,098 | $1.55 | $99K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,765,800 shares (Direct, null);
Common Stock — 138,474 shares (Indirect, See Footnote)
Footnotes (1)
- Based on weighted average purchase price. The shares reported in this transaction were purchased at prices ranging from $1.54 to $1.55. Information regarding the number of shares purchased at each separate price will be made available upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. Includes: 88,474 shares of common stock owned by a spousal trust, of which the Reporting Person disclaims beneficial ownership; and 50,000 shares of common stock owned by a charitable fund, of which the Reporting Person is the trustee and holds voting and dispositive power over the shares.
Key Figures
Shares purchased: 64,098 shares
Weighted average purchase price: $1.55 per share
Direct holdings after transaction: 1,765,800 shares
+3 more
6 metrics
Shares purchased
64,098 shares
Open-market purchase of common stock
Weighted average purchase price
$1.55 per share
Common stock purchases at $1.54–$1.55
Direct holdings after transaction
1,765,800 shares
Common stock directly owned by Darren Lampert
Indirect holdings total
138,474 shares
Combined spousal trust and charitable fund holdings
Spousal trust holdings
88,474 shares
Lampert disclaims beneficial ownership
Charitable fund holdings
50,000 shares
Lampert is trustee with voting and dispositive power
Key Terms
open-market purchase, beneficial ownership, spousal trust, charitable fund, +1 more
5 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
beneficial ownership financial
"the Reporting Person disclaims beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
spousal trust financial
"88,474 shares of common stock owned by a spousal trust"
charitable fund financial
"50,000 shares of common stock owned by a charitable fund"
voting and dispositive power financial
"the Reporting Person is the trustee and holds voting and dispositive power"
FAQ
What insider transaction did GrowGeneration (GRWG) report for Darren Lampert?
GrowGeneration reported that CEO Darren Lampert purchased 64,098 shares of common stock in an open-market transaction. The weighted average purchase price was about $1.55 per share, with individual trade prices ranging between $1.54 and $1.55 according to the filing footnotes.
What indirect GrowGeneration (GRWG) holdings are associated with Darren Lampert?
Indirectly, 138,474 GrowGeneration shares are associated with Lampert. These include 88,474 shares in a spousal trust, for which he disclaims beneficial ownership, and 50,000 shares in a charitable fund where he serves as trustee with voting and dispositive power over the shares.