Salaman Michael 4

What Happened Michael Salaman, President and Director of GrowGeneration Corp. (GRWG), had 50,000 restricted stock units (RSUs) vest on June 15, 2026. The filing records the award/acquisition at $0.00 per share (typical for RSU vesting), so no cash was paid in this transaction. This vesting is one installment of an employment grant.

Key Details

• Transaction date: 2026-06-15 (reported on Form 4 filed 2026-06-16).
• Transaction type/code: Award/Grant (A); 50,000 shares acquired at $0.00 (value $0).
• Shares reported after transaction: filing shows the 50,000 newly acquired shares plus existing holdings that include 50,000 shares in a charitable fund he controls and 387,441 shares held in a spousal trust (he disclaims beneficial ownership of the spousal trust). Combined, those figures total 487,441 shares on the record (note the disclaimer on the spousal trust).
• Footnote: Per an employment agreement dated Sept 30, 2024, Salaman was granted 200,000 RSUs that vest in four equal installments of 50,000 on each June 15 and December 15 over two years; this is one such installment.
• Filing timeliness: Reported the next day (not indicated as late).

Context This was a scheduled RSU vesting under an employment agreement—not an open-market purchase or sale—so it represents compensation vesting rather than insider buying or selling. Because the spousal trust shares are disclaimed, they may not reflect Salaman’s direct beneficial ownership. Vesting events are routine forms of compensation and do not, by themselves, indicate a change in the insider’s market view.