Hydrofarm Holdings Group Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$HYFM
Consumer Specialties
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): September 29, 2025
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 29, 2025, Susan P. Peters, a non-employee director of Hydrofarm Holdings Group, Inc. (the “Company” or “Hydrofarm”) notified the Company’s Board of Directors (the “Board”) of her intention to retire and tendered her resignation to be effective October 1, 2025 (the "Resignation"). Ms. Peters did not resign as a result of any disagreement with the Company on any matter relating to its operations, policies or practices. In connection with Ms. Peters resignation, the Board has accelerated the vesting of 30,000 restricted stock units previously granted to Ms. Peters.
On September 29, 2025, the Company’s Board appointed Chris Yetter to serve on the Board effective as of October 1, 2025 to fill the Board vacancy as a Class III director created by the Resignation, with an initial term ending at the Company's 2026 annual meeting of stockholders. Mr. Yetter was also appointed to serve on the Compensation Committee of the Board. Mr. Yetter has served since 2018 as the Founder and Chief Investment Officer of Dumont Global, a private investment partnership and affiliate of Dumont Master Fund LP, a long standing stockholder of the Company. There are no arrangements or understandings between Mr. Yetter and any other person pursuant to which Mr. Yetter was selected as a director. There are no transactions involving Mr. Yetter requiring disclosure pursuant to Item 404(a) of Regulation S-K.
Mr. Yetter will receive compensation for services as a non-employee director of the Company consistent with the compensation generally provided to other non-employee directors of the Company. This compensation includes a pro rata grant of 20,000 restricted stock units on October 1, 2025, which are scheduled to vest on June 9, 2026.
A copy of the press release announcing the resignation of Ms. Peters and appointment of Mr. Yetter is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
| Exhibit No. | Description | |||||||
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Hydrofarm Holdings Group, Inc. | |||||||||||
| Date: October 2, 2025 | By: | /s/ B. John Lindeman | |||||||||
| Name: | B. John Lindeman | ||||||||||
| Title: | Chief Executive Officer | ||||||||||
| (Principal Executive Officer) | |||||||||||