---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-041588"
form_type: "8-K"
ticker: "GRWG"
cik: "0001604868"
company_name: "GrowGeneration Corp."
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:44:59.743169+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# GrowGeneration enters new 2-year employment agreements with CEO and President

## Summary
- CEO Darren Lampert and President Michael Salaman each get $500,000 annual base salary.
- Target annual bonus of 50% of base salary (max 100%) for both executives.
- Each receives 200,000 RSUs vesting semi-annually over the two-year term.
- Six months severance (base + target bonus + benefits) if terminated without cause.
- New agreements effective January 1, 2025, replacing existing pacts.

## SEC filing metadata
- accession: 0001628280-24-041588
- form_type: 8-K
- ticker: GRWG
- cik: 0001604868
- company_name: GrowGeneration Corp.
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604868/000162828024041588/0001628280-24-041588-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604868/000162828024041588/grwg-20240930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-041588
- JSON: https://secwatch.observer/filing/0001628280-24-041588.json
- Plain text: https://secwatch.observer/filing/0001628280-24-041588.txt

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