Nathaniel Ru - 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, 19:45:33 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

Nathaniel Ru filed Form 4 for Sweetgreen, Inc. (SG) on 05 Dec 2024.

Key facts

  • This page summarizes Nathaniel Ru's Form 4 filing for Sweetgreen, Inc. (SG).
  • 4 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 05 Dec 2024, 19:45.

Change

  • Previous filing in this sequence was filed on 27 Nov 2024.
  • Current net transaction value: -$1,586,633.

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
$40,420
Shares
+42,104
Change %
+2.2%
Price
$0.9600
Shares after
1,994,233
Date
03 Dec 2024
Ownership
Direct
Footnotes
F1
SG transaction

Class A Common Stock

Sale

Transaction value
$1,446,319
Shares
-37,518
Change %
-1.9%
Price
$38.55
Shares after
1,956,715
Date
03 Dec 2024
Ownership
Direct
Footnotes
F1, F2, F3
SG transaction

Class A Common Stock

Sale

Transaction value
$180,734
Shares
-4,586
Change %
-0.23%
Price
$39.41
Shares after
1,952,129
Date
03 Dec 2024
Ownership
Direct
Footnotes
F1, F2, F4

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
-42,104
Change %
-100%
Price
$0.000000
Shares after
0
Date
03 Dec 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
42,104
Exercise price
$0.9600
Footnotes
F5
SG holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,360,935
Date
03 Dec 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
3,360,935
Exercise price
Footnotes
F6, F7
SG holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
180,904
Date
03 Dec 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
180,904
Exercise price
Footnotes
F6, F8
SG holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
400,000
Date
03 Dec 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
400,000
Exercise price
Footnotes
F6, F9
* 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 9 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

Shares 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 $39.05. 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 $39.64. 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

Fully vested.

Footnote F6

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 F7

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

Footnote F8

The shares are held by Jonathan Neman, as Trustee of the Nathaniel Espinoza Ru 2014 GRAT.

Footnote F9

The shares are held by the Ru Descendants Trust U/T/A dated September 17, 2021.

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