Jonathan Neman - 03 Dec 2024 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Dec 2024, 19:44:34 UTC
Prior SEC filing
27 Nov 2024
Next SEC filing
09 Dec 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ashley Van, Attorney-in-Fact

Key filing fact

Jonathan Neman filed Form 4 for Sweetgreen, Inc. (SG) on 05 Dec 2024.

Key facts

  • This page summarizes Jonathan Neman's Form 4 filing for Sweetgreen, Inc. (SG).
  • 4 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 05 Dec 2024, 19:44.

Change

  • Previous filing in this sequence was filed on 27 Nov 2024.
  • Current net transaction value: -$1,573,974.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SG transaction

Class A Common Stock

Options Exercise

Transaction value
$40,133
Shares
+41,805
Change %
+2.2%
Price
$0.9600
Shares after
1,972,033
Date
03 Dec 2024
Ownership
Direct
Footnotes
F1
SG transaction

Class A Common Stock

Sale

Transaction value
$1,456,627
Shares
-37,805
Change %
-1.9%
Price
$38.53
Shares after
1,934,228
Date
03 Dec 2024
Ownership
Direct
Footnotes
F1, F2, F3
SG transaction

Class A Common Stock

Sale

Transaction value
$157,480
Shares
-4,000
Change %
-0.21%
Price
$39.37
Shares after
1,930,228
Date
03 Dec 2024
Ownership
Direct
Footnotes
F1, F2, F4
SG holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
943,991
Date
03 Dec 2024
Ownership
See footnote
Footnotes
F5
SG holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
50,000
Date
03 Dec 2024
Ownership
By spouse

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SG transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-41,805
Change %
-100%
Price
$0.000000
Shares after
0
Date
03 Dec 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
41,805
Exercise price
$0.9600
Footnotes
F6
SG holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,642,270
Date
03 Dec 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
3,642,270
Exercise price
Footnotes
F7, F8
SG holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
177,040
Date
03 Dec 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
177,040
Exercise price
Footnotes
F7, F9
SG holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
500,000
Date
03 Dec 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
500,000
Exercise price
Footnotes
F7, F10
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 10 footnotes

Footnote F1

Includes 1,800,000 shares subject to restricted stock units that vest over time and if and to the extent the issuer's stock price reaches specified levels.

Footnote F2

The shares were sold pursuant to a 10b5-1 plan dated June 10, 2024.

Footnote F3

The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $38.08 to $39.04. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F4

The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $39.14 to $39.69. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F5

The shares are held by the JDRB Trust.

Footnote F6

Fully vested.

Footnote F7

Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock.

Footnote F8

The shares are held by Jonathan Neman Revocable Trust U/T/A dated October 7, 2016.

Footnote F9

The shares are held by Nicolas H. Jammet, as Trustee of the Jonathan Neman 2014 GRAT.

Footnote F10

The shares are held by the Neman Descendants Trust U/T/A dated September 3, 2021.

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