GrowGeneration CEO granted 50,000 shares in award
GrowGeneration Corp. CEO Darren Lampert reported an equity compensation event rather than a market trade.
Rhea-AI Filing Summary
GrowGeneration Corp. CEO Darren Lampert reported an equity compensation event rather than a market trade. On June 15, he acquired 50,000 shares of common stock at $0.00 per share as a grant or award under his employment agreement, which provided for 200,000 restricted stock units vesting in four equal 50,000-unit installments on each June 15 and December 15 over a two-year period. Following this award, he directly holds 1,815,800 common shares. The filing also lists 138,474 shares held indirectly, including 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
restricted stock units financial
spousal trust financial
charitable fund financial
voting and dispositive power financial
FAQ
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What did GrowGeneration (GRWG) CEO Darren Lampert report in this Form 4?
Did Darren Lampert buy or sell GrowGeneration stock on the market?
What indirect GrowGeneration holdings are associated with Darren Lampert?
AI-generated analysis. How Rhea-AI works. Not financial advice.