Mitch Reback - Feb 27, 2024 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Signature
/s/ Ashley Van, Attorney-in-Fact
Stock symbol
SG
Transactions as of
Feb 27, 2024
Transactions value $
-$125,432
Form type
4
Date filed
2/29/2024, 06:30 PM
Previous filing
Feb 21, 2024
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SG Class A Common Stock Sale -$125K -10.4K -2.32% $12.01 439K Feb 27, 2024 Direct F1
holding SG Class A Common Stock 79.4K Feb 27, 2024 See footnote F2
holding SG Class A Common Stock 79.4K Feb 27, 2024 See footnote F3
holding SG Class A Common Stock 100K Feb 27, 2024 See footnote F4
holding SG Class A Common Stock 100K Feb 27, 2024 See footnote F5
holding SG Class A Common Stock 127K Feb 27, 2024 By Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares were sold pursuant to a 10b5-1 trading plan dated November 30, 2023.
F2 The shares are held by Donald Spetner, Trustee of The IMCR GRAT, dated July 27, 2021.
F3 The shares are held by Donald Spetner, Trustee of The MRCR GRAT, dated July 27, 2021.
F4 The shares are held by Donald Spetner, Trustee of The MRCR GRAT, dated July 27, 2023.
F5 The shares are held by Donald Spetner, Trustee of The IMCR GRAT, dated July 27, 2023.