urban-gro Co-CFO Akright resigns; Sherb stays CFO
urban-gro, Inc. announced that, effective April 28, 2026, Richard Akright resigned from his role as Co-Chief Financial Officer.
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Form Type
8-K
Rhea-AI Filing Summary
urban-gro, Inc. announced that, effective April 28, 2026, Richard Akright resigned from his role as Co-Chief Financial Officer. The company stated that his resignation was not due to any disagreement regarding operations, policies, practices, or accounting principles and disclosures.
After his departure, Eric Sherb, who had been serving alongside him as Co-Chief Financial Officer, will continue as the sole Chief Financial Officer of urban-gro, Inc., providing continuity in the company’s finance leadership structure.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Terms
Emerging growth company, Item 5.02, Chief Financial Officer, Common Stock
4 terms
Emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Item 5.02 regulatory
"Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers."
Item 5.02 is a specific disclosure category on the U.S. Securities and Exchange Commission’s Form 8‑K that requires public companies to report changes in key personnel and related compensation arrangements. It covers departures and appointments of directors and certain officers, elections of directors, and new or material changes to compensatory agreements for those persons; the company must file a Form 8‑K with the required information and any related exhibits within the SEC’s prescribed reporting timeframe. The item is a rule‑based reporting obligation under U.S. securities law, so its scope and timing follow the SEC’s definitions and deadlines rather than informal usage.
Chief Financial Officer financial
"Following Mr. Akright’s resignation, Eric Sherb, who has been serving as Co-Chief Financial Officer, will continue to serve as the Company’s Chief Financial Officer."
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
Common Stock financial
"Common Stock, par value $0.001 per share | | UGRO | | The Nasdaq Stock Market LLC"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What executive change did URBAN-GRO, INC. (UGRO) disclose in this 8-K?
URBAN-GRO, INC. disclosed that Richard Akright resigned as Co-Chief Financial Officer effective April 28, 2026. Following his resignation, fellow Co-Chief Financial Officer Eric Sherb will continue in the role as the company’s Chief Financial Officer, maintaining continuity in its financial leadership.
When did URBAN-GRO, INC. (UGRO) Co-Chief Financial Officer Richard Akright resign?
Richard Akright resigned as Co-Chief Financial Officer of URBAN-GRO, INC. effective April 28, 2026. The company’s filing notes that his resignation became effective on that date and confirms there was no disagreement regarding operations, policies, practices, or accounting matters leading to his decision.
Who will serve as Chief Financial Officer of URBAN-GRO, INC. (UGRO) after this leadership change?
After Richard Akright’s resignation, URBAN-GRO, INC. indicated that Eric Sherb will continue as the company’s Chief Financial Officer. Sherb had been serving as Co-Chief Financial Officer and now assumes sole responsibility for the CFO role, providing ongoing oversight of the company’s financial function.
What SEC item does URBAN-GRO, INC. (UGRO) use to report this officer resignation?
URBAN-GRO, INC. reported the resignation of its Co-Chief Financial Officer under Item 5.02, which covers departures of directors or certain officers and related appointments or compensatory arrangements. This item is used when companies report significant changes in key leadership positions.
Where is URBAN-GRO, INC. (UGRO) headquartered according to this filing?
According to the filing, URBAN-GRO, INC. is headquartered at 1751 Panorama Point, Unit G, Lafayette, Colorado 80026. The document also lists a main telephone number of (720) 390-3880 for the company’s principal executive offices in that Colorado location.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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