---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-022750"
form_type: "8-K"
ticker: "GRWG"
cik: "0001604868"
company_name: "GrowGeneration Corp."
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T21:19:46.782474+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# GrowGeneration enters new employment agreement with CFO Gregory Sanders

## Summary
- Base salary of $325,000 with automatic 10% annual increases each August 16.
- Annual performance cash bonus target of 50% of base salary, max 100%.
- Grant of 180,000 RSUs vesting in equal installments over three years.
- Three months' severance (salary + target bonus + benefits) if terminated without Cause.
- New agreement supersedes the August 2022 employment agreement and its 90,000 RSU grant.

## SEC filing metadata
- accession: 0001628280-23-022750
- form_type: 8-K
- ticker: GRWG
- cik: 0001604868
- company_name: GrowGeneration Corp.
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604868/000162828023022750/0001628280-23-022750-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604868/000162828023022750/grwg-20230615.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-022750
- JSON: https://secwatch.observer/filing/0001628280-23-022750.json
- Plain text: https://secwatch.observer/filing/0001628280-23-022750.txt

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