Jonathan Neman - 15 Mar 2025 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Ashley Van, Attorney-in-Fact
Issuer symbol
SG
Transactions as of
15 Mar 2025
Net transactions value
-$136,065
Form type
4
Filing time
18 Mar 2025, 19:00:10 UTC
Previous filing
12 Mar 2025
Next filing
12 Nov 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SG Class A Common Stock Award $0 +15,466 +0.86% $0.000000 1,815,980 15 Mar 2025 Direct F1
transaction SG Class A Common Stock Sale $136,065 -5,717 -0.31% $23.80 1,810,263 17 Mar 2025 Direct F2
holding SG Class A Common Stock 943,991 15 Mar 2025 See footnote F3
holding SG Class A Common Stock 50,000 15 Mar 2025 By spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SG Stock Option (Right to Buy) Award $0 +223,367 $0.000000 223,367 15 Mar 2025 Class A Common Stock 223,367 $23.80 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of fully vested Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock upon settlement.
F2 This sale was mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F3 The shares are held by the JDRB Trust.
F4 The options vests quarterly over 3 years with 5% of the shares subject to the option vesting quarterly in the first year, 7.5% of the shares subject to the option vesting quarterly in the second year and 12.5% of the shares subject to the option vesting quarterly in the third year, subject to the reporting person's continuous service through each applicable vesting date.