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GrowGeneration Corp. (GRWG) insider reports 50,000-share stock award vesting

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GrowGeneration Corp. president and director Michael Salaman reported acquiring 50,000 shares of common stock on December 15, 2025 at $0 per share. This reflects stock received in connection with his compensation.

After this transaction, Salaman beneficially owns 1,739,313 GrowGeneration common shares directly and 437,441 shares indirectly. Footnotes explain he was granted 200,000 restricted stock units under an employment agreement dated September 30, 2024, scheduled to vest in four equal installments of 50,000 units on each June 15 and December 15 over a two-year period. The indirect holdings include 387,441 shares in a spousal trust, for which he disclaims beneficial ownership, and 50,000 shares held by a charitable fund where he is trustee with voting and dispositive power.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Salaman Michael

(Last) (First) (Middle)
1330 WAVERLY ROAD

(Street)
GLADWYNE PA 19035

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GrowGeneration Corp. [ GRWG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/15/2025 A 50,000(1) A $0 1,739,313 D
Common Stock 437,441 I See Footnote(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Pursuant to an employment agreement dated September 30, 2024, the Reporting Person was granted 200,000 restricted stock units. Such 200,000 restricted stock units will vest in four equal installments of 50,000 restricted stock units on each June 15 and December 15 over a two-year period.
2. Includes: 387,441 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.
Remarks:
/s/ Michael Salaman 12/17/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did GrowGeneration (GRWG) report for Michael Salaman?

GrowGeneration president and director Michael Salaman reported acquiring 50,000 shares of the company’s common stock on December 15, 2025 at $0 per share.

How many GrowGeneration (GRWG) shares does Michael Salaman own after this transaction?

Following the reported transaction, Michael Salaman beneficially owns 1,739,313 shares of GrowGeneration common stock directly and 437,441 shares indirectly.

What are the terms of Michael Salaman’s restricted stock unit grant at GrowGeneration (GRWG)?

Footnotes state that under an employment agreement dated September 30, 2024, Michael Salaman was granted 200,000 restricted stock units, which will vest in four equal installments of 50,000 units on each June 15 and December 15 over a two-year period.

How are Michael Salaman’s indirect GrowGeneration (GRWG) holdings structured?

The 437,441 indirectly owned shares include 387,441 shares held by a spousal trust, for which he disclaims beneficial ownership, and 50,000 shares held by a charitable fund where he is trustee with voting and dispositive power.

What is Michael Salaman’s role at GrowGeneration (GRWG)?

Michael Salaman is a director and an officer of GrowGeneration Corp., serving as President.

Is this GrowGeneration (GRWG) insider filing made by more than one reporting person?

No. The report indicates that the form is filed by one reporting person, referring to Michael Salaman.

Growgeneration Corp

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131.66M
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7.63%
33.22%
2.67%
Specialty Retail
Retail-building Materials, Hardware, Garden Supply
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United States
GREENWOOD VILLAGE