GrowGeneration Corp. 8-K

What Happened

• GrowGeneration Corp. (GRWG) held its 2026 Annual Meeting of Shareholders remotely on June 18, 2026 and reported the results in an 8-K filed June 22, 2026. As of the April 20, 2026 record date, 55.03% of outstanding common shares were represented at the meeting.
• Five director nominees were elected to serve until the 2027 annual meeting: Darren Lampert (For 14,617,202; Withheld 1,468,935), Michael Salaman (For 14,400,195; Withheld 1,685,942), Eula Adams (For 14,660,358; Withheld 1,425,779), Stephen Aiello (For 14,657,878; Withheld 1,428,259) and Starlett Carter (For 15,350,681; Withheld 735,456).

Key Details

• Record date and attendance: April 20, 2026; 55.03% of outstanding shares present (in person or by proxy).
• Say-on-Pay (advisory): Approved — For 14,515,031; Against 1,518,422; Abstain 52,684; Broker non-votes 16,984,401.
• Equity Incentive Plan amendment: Approved and effective June 18, 2026 — For 13,652,370; Against 2,267,747; Abstain 166,020; Broker non-votes 16,984,401.
• Independent auditor appointment: BDO USA, P.C. approved to serve for the fiscal year ending December 31, 2026 — For 32,361,148; Against 554,290; Abstain 155,100.

Why It Matters

• Board continuity: The incumbents were re-elected, maintaining the current board leadership through the 2027 annual meeting. That affects governance and strategic continuity.
• Equity plan approval: Shareholders approved an increase to the company’s equity incentive plan, which can enable more stock-based awards; this may lead to future dilution depending on grants.
• Say-on-pay passed (non-binding): Shareholders gave advisory approval to executive compensation, signaling general support for pay practices but not changing compensation rules directly.
• Auditor ratified: Appointment of BDO USA, P.C. establishes the firm that will audit GrowGeneration’s 2026 financial statements, a routine but important governance step for financial reporting.