Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 11, 2026, Kostas Dafoulas resigned as Interim Chief Financial Officer of Edible Garden AG Incorporated (the “Company”), effective as of August 14, 2026. Mr.…
Filed Aug 17, 2026Accepted Aug 17, 2026, 3:46 PM EDTCIK 1809750Accession 0001477932-26-005129
Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), delivering organic, better-for-you, sustainable produce and products through its Zero-Waste Inspired® next-generation farming model. Available in over 6,000 retail locations across the United States, Caribbean, and South America, Edible Garden is at the forefront of the CEA and sustainability technology movement, distinguished by its advanced safety-in-farming protocols, sustainable packaging, patented GreenThumb software, and innovative Self-Watering in-store displays. The Company operates state-of-the-art, vertically integrated greenhouses and processing facilities, including Edible Garden Heartland in Grand Rapids, Michigan; Edible Garden Prairie Hills in Webster City, Iowa; and its headquarters at Edible Garden Belvidere in New Jersey. It also partners with a network of contract growers strategically located near major U.S. markets to ensure freshness and reduce environmental impact. The Company is also expanding its Prairie Hills facility in Webster City, Iowa, into a dedicated ready-to-drink (RTD) clean nutrition manufacturing hub, supporting its Farm-to-Formula® strategy and its transformation into higher-margin, shelf-stable nutrition categories.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 11, 2026, Kostas Dafoulas resigned as Interim Chief Financial Officer of Edible Garden AG Incorporated (the “Company”), effective as of August 14, 2026. Mr. Dafoulas will continue to provide certain transition and advisory services to the Company pursuant to an Advisory Engagement Agreement dated August 11, 2026 (the “Engagement Agreement”).
On August 14, 2026, Jonathan Gutoski, age 42, was appointed Chief Financial Officer of the Company, effective August 17, 2026 and until he resigns, retires or is terminated from that position. Mr. Gutoski leads the Company’s financial strategy, accounting, reporting, treasury and internal-control functions. He works closely with the executive leadership team and Board of Directors to support Edible Garden’s growth initiatives, operational discipline and long-term strategic objectives.
Mr. Gutoski brings extensive experience in financial leadership, corporate governance and operational finance across public and private organizations and has served as Controller of the Company since June 2026. Before joining the Company, Mr. Gutoski served as Interim Chief Financial Officer and Controller at NowCFO from January 2025 to June 2026, as Chief Financial Officer of Design House Corp. from June 2023 to May 2024, and as Multi-Site Controller at Merck KGaA from January 2020 to June 2023. Mr. Gutoski previously served as Corporate Controller at LaBudde Group, Plant Controller at Kerry Foods and as an auditor with PricewaterhouseCoopers. He has also contributed his financial expertise to nonprofit organizations, including service as CFO and Treasurer of the Jim Luther New Hope Center. Mr. Gutoski holds a bachelor’s degree in accounting and a Master’s Degree in Accounting from University of Wisconsin, Milwaukee and a Master of Business Administration in finance from Indiana University’s Kelley School of Business.
In connection with his appointment, Mr. Gutoski will be paid a base salary of $220,000 and a $10,000 signing bonus, and is eligible for a discretionary bonus of up to 25% of his base salary, which will be prorated for 2026.
There are no arrangements or understandings between Mr. Gutoski and any other person pursuant to which he was appointed Chief Financial Officer of the Company. There are no family relationships between Mr. Gutoski and any director or executive officer of the Company. Mr. Gutoski has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
