Lampert Darren 4
Research Summary
AI-generated summary
GrowGeneration (GRWG) CEO Darren Lampert Buys 64,098 Shares
What Happened
- Darren Lampert, CEO and director of GrowGeneration Corp. (GRWG), purchased 64,098 shares of common stock on 2026-05-18 in an open-market/private purchase transaction. The weighted average price was $1.55 per share, for a total reported cost of $99,352.
Key Details
- Transaction date: 2026-05-18 (reported on Form 4 filed 2026-05-19).
- Price: weighted average $1.55 per share; purchases ranged from $1.54 to $1.55 (see footnote F1).
- Shares acquired: 64,098 (code P = purchase).
- Shares owned after transaction: not explicitly stated in the summary provided; the filing notes included holdings of 88,474 shares held in a spousal trust (disclaimed by the reporting person) and 50,000 shares held by a charitable fund for which the reporting person is trustee (footnote F2).
- Filing timeliness: Form 4 was filed the next day (appears timely based on the provided dates).
- Footnotes: F1 explains the weighted-average price and availability of per-price breakdown on request; F2 clarifies certain holdings are in a spousal trust (disclaimed) and a charitable fund (trustee).
Context
- This was a straightforward open-market purchase (insider buy), which investors often view as a more informative signal than routine sales; the filing itself gives no explanation of motivation. The disclosure about trust and charitable holdings clarifies how some shares are treated for beneficial-ownership purposes.