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GrowGeneration (NASDAQ: GRWG) CFO granted 24,990 shares from 80,000 RSU award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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""
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SEC Form 4
FORM 4UNITED 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*
Sanders Gregory Kevin

(Last)(First)(Middle)
C/O GROWGENERATION CORP.
5619 DTC PARKWAY, SUITE 900

(Street)
GREENWOOD VILLAGE COLORADO 80111

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GrowGeneration Corp. [ GRWG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026A24,990A$0192,025(1)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Pursuant to an employment agreement dated January 1, 2026, the Reporting Person was granted 80,000 restricted stock units. Such 80,000 restricted stock units will vest in two equal installments of 40,000 restricted stock units on June 15 and December 15 over a one-year period. The first installment vested on June 15, 2026, of which 15,010 shares were withheld by the Issuer to satisfy the applicable tax withholding obligation and 24,990 shares of common stock were issued to the Reporting Person.
Remarks:
/s/ Gregory Sanders06/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many GrowGeneration (GRWG) shares vested and how many were issued to the CFO?

On June 15, 2026, 40,000 restricted stock units vested for the CFO. Of these, 15,010 shares were withheld by the company to cover tax obligations, and 24,990 shares of common stock were issued directly to him as reported.

What are the CFO’s GrowGeneration (GRWG) share holdings after this Form 4 transaction?

After the reported award, the CFO directly holds 192,025 shares of GrowGeneration common stock. This figure reflects the position following issuance of the 24,990 shares tied to the vested restricted stock units disclosed in the filing.

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.