GrowGeneration (NASDAQ: GRWG) CFO granted 24,990 shares from 80,000 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sanders Gregory Kevin reported acquisition or exercise transactions in this Form 4 filing.
GrowGeneration Corp. Chief Financial Officer Gregory Kevin Sanders received 24,990 shares of common stock as part of an equity award. These shares represent the first vested portion of an 80,000 restricted stock unit grant under his January 1, 2026 employment agreement, with 192,025 shares held afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sanders Gregory Kevin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,990 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 192,025 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired in award: 24,990 shares
Post-transaction holdings: 192,025 shares
RSU grant size: 80,000 restricted stock units
+3 more
6 metrics
Shares acquired in award
24,990 shares
Common stock issued from vested RSUs on June 15, 2026
Post-transaction holdings
192,025 shares
Direct common stock holdings after award
RSU grant size
80,000 restricted stock units
Granted under employment agreement dated January 1, 2026
First vesting tranche
40,000 restricted stock units
First installment vesting on June 15, 2026
Shares withheld for taxes
15,010 shares
Withheld by issuer to satisfy tax obligations on vesting
Award price per share
$0.0000 per share
Equity award, no cash paid by reporting person
Key Terms
restricted stock units, employment agreement, vest, tax withholding obligation, +1 more
5 terms
restricted stock units financial
"the Reporting Person was granted 80,000 restricted stock units. Such 80,000 restricted stock units will vest in two equal installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
employment agreement financial
"Pursuant to an employment agreement dated January 1, 2026, the Reporting Person was granted 80,000 restricted stock units"
vest financial
"will vest in two equal installments of 40,000 restricted stock units on June 15 and December 15"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
tax withholding obligation financial
"15,010 shares were withheld by the Issuer to satisfy the applicable tax withholding obligation"
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did GrowGeneration (GRWG) CFO Gregory Kevin Sanders report in this Form 4?
GrowGeneration’s CFO reported receiving 24,990 shares of common stock as part of an equity award. The shares came from restricted stock units granted under his employment agreement, increasing his direct holdings to 192,025 shares after the transaction.
Is the GrowGeneration (GRWG) Form 4 transaction a market buy or sell?
The Form 4 shows an equity grant, not an open-market buy or sell. The shares were issued at no cash cost per share as part of a compensation award, making this a routine, non-market transaction rather than a discretionary trade.
How many restricted stock units were granted to the GrowGeneration (GRWG) CFO?
The CFO was granted 80,000 restricted stock units under an employment agreement dated January 1, 2026. These units vest in two equal installments of 40,000 each, scheduled on June 15 and December 15 over a one-year period according to the disclosure.
What does transaction code "A" mean in the GrowGeneration (GRWG) Form 4?
Transaction code “A” indicates a grant, award, or other acquisition of securities. In this case, it reflects the issuance of 24,990 common shares to the CFO at zero price per share as part of his restricted stock unit compensation package.