---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-024165"
form_type: "8-K"
ticker: "GRWG"
cik: "0001604868"
company_name: "GrowGeneration Corp."
filed_at: "2022-09-01T23:59:59+00:00"
generated_at: "2026-06-23T17:32:43.298169+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# GrowGeneration enters new employment agreements with CEO and President effective Jan 1, 2023

## Summary
- CEO Darren Lampert and President Michael Salaman each sign new 2-year employment agreements starting Jan 1, 2023.
- Each executive receives $500,000 base salary; target annual bonus of 50% of base, max 100%.
- Each granted 100,000 RSUs vesting in equal installments over two years on June 15 and Dec 15.
- Three months severance (base + target bonus + benefits) if terminated without cause.
- Agreements replace prior March 2020 executive agreements which will not auto-renew.

## SEC filing metadata
- accession: 0001628280-22-024165
- form_type: 8-K
- ticker: GRWG
- cik: 0001604868
- company_name: GrowGeneration Corp.
- filed_at: 2022-09-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604868/000162828022024165/0001628280-22-024165-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604868/000162828022024165/grwg-20220901.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-024165
- JSON: https://secwatch.observer/filing/0001628280-22-024165.json
- Plain text: https://secwatch.observer/filing/0001628280-22-024165.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.