Sanders Gregory Kevin 4
4 · GrowGeneration Corp. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
GrowGeneration (GRWG) CFO Gregory K. Sanders Receives 24,990 Shares
What Happened
Gregory K. Sanders, CFO of GrowGeneration Corp. (GRWG), received 24,990 shares of common stock on June 15, 2026 as the net issuance from vested restricted stock units (RSUs). The transaction is reported as an award/grant (code A) at $0.00 per share (RSU vesting). A total of 15,010 shares were withheld by the company to satisfy tax withholding, leaving 24,990 shares issued to Sanders.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 16, 2026 (timely — Form 4 is due within two business days).
- Transaction type/code: Award/Grant (A); price reported: $0.00 per share (RSU vesting).
- Shares issued to insider: 24,990; shares withheld for taxes: 15,010.
- Original grant: 80,000 RSUs granted under employment agreement dated Jan 1, 2026, vesting in two installments of 40,000 on June 15 and Dec 15; the first installment vested June 15, 2026.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No 10b5-1 plan, sale, or open-market purchase indicated — this was a compensation vesting event.
Context
RSU vesting is a common form of employee compensation and not an open-market purchase or sale; the net issuance after tax withholding reflects how employers often settle vested RSUs. This award does not by itself indicate buying or selling intent in the market.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-15+24,990→ 192,025 total
Footnotes (1)
- [F1]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.