B. John Lindeman
elected B. John Lindeman to serve as a member of the Board
Highest-materiality recent filing
Hydrofarm Q1 net sales down 29.6% to $28.5M; Term Loan default triggers forbearance
Net loss of $14.6M ($3.07 diluted EPS) vs. $14.4M loss ($3.12 EPS) in prior year.
Hydrofarm Holdings Group replaces auditor: Deloitte out, CBIZ in
Dismissed Deloitte & Touche LLP as independent auditor, effective April 14, 2026.
Hydrofarm defaults on interest payment, enters forbearance agreement through April 30
Missed interest payment on $114.4M term loan (due Jan 31, 2026) led to default; forbearance until April 30, 2026.
Hydrofarm receives Nasdaq delisting notice over stockholders' deficit of $63.3M
Stockholders' deficit of $63.296M as of Dec 31, 2025, below Nasdaq's $2.5M minimum.
Hydrofarm defaults on Term Loan interest; Q4 net loss $242.2M includes $232.2M impairment
Q4 net sales fell 32.7% to $25.1M from $37.3M; volume/mix down 27.3%.
Hydrofarm terminates revolver, defers $2.8M interest; event of default on $125M term loan
Terminated Revolving Credit Agreement with JPMorgan as of Feb 17, 2026.
Hydrofarm Q3 net sales down 33% to $29.4M; CEO Lindeman resigns, Toler returns Dec 1
Net sales fell 33.3% to $29.4M; net loss widened to $16.4M ($3.51 loss per share) from $13.1M.
Hydrofarm director Susan Peters retires; Chris Yetter appointed to board effective Oct 1, 2025
Susan Peters retired effective Oct 1, 2025; no disagreement with company.
Hydrofarm Q2 net sales down 28.4% to $39.2M; net loss $16.9M; initiates restructuring plan
Net sales $39.2M, down 28.4% YoY from $54.8M; net loss $16.9M ($3.63/diluted share).
Hydrofarm retires Series A Preferred Stock; CEO Lindeman joins board after annual meeting
Retired 7,725,045 shares of Series A Preferred Stock, reducing authorized shares to 7,274,955.
elected B. John Lindeman to serve as a member of the Board
vacancy left by Mr. Richard D. Moss following his resignation immediately prior to the 2025 annual meeting of stockholders
Max materiality 0.95 · Median 0.80 · Most common event earnings