Edible Garden expands board, appoints Michael Naidrich as new director

Edible Garden AG (NASDAQ: EDBL) announced that its board of directors approved expanding the board from four to five members and appointed Michael J. Naidrich as a new director, effective December 29, 2025.

Naidrich will serve until the company's 2026 annual meeting of stockholders or until his successor is elected. The board appointed him to serve on the Audit Committee, Compensation Committee, and Nominating and Governance Committee, with Naidrich designated as Chair of the Audit Committee.

As compensation for his board service, Naidrich received a restricted stock award of 131,810 shares under the company's 2025 Officer and Director Equity Incentive Plan. The shares will vest on December 29, 2026, contingent on his continued service on the board.

The compensation structure aligns with the company's existing framework for non-employee directors, according to the company's statement.

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