STOCK TITAN

Sweetgreen (NYSE: SG) insider sets August sale after June cash-out

(Neutral)
(Neutral)
Form Type
144/A

Rhea-AI Filing Summary

Sweetgreen, Inc. insider Jonathan Neman filed an amended notice of proposed sale of 169,772 shares of Class A common stock, related to restricted stock units vesting on 08/24/2024 as compensation under a registered plan. The planned sales are to be executed through E*Trade Financial Corporation on the NYSE. The filing also reports that during the prior three months, Neman previously sold 150,000 shares of Class A common stock on 06/05/2024 for aggregate proceeds of $4,575,000.

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Shares proposed to be sold 169,772 shares Class A Common Stock related to RSUs vesting on 08/24/2024
Aggregate market value of proposed sale $6,072,897.74 Value associated with 169,772 Sweetgreen Class A shares in the notice
Shares outstanding 101,771,527 shares Referenced as shares of Class A common stock outstanding
Prior shares sold 150,000 shares Shares of Class A common stock sold on 06/05/2024
Proceeds from prior sale $4,575,000 Aggregate proceeds from 150,000 shares sold on 06/05/2024
Planned sale date 08/26/2024 Date associated with proposed sale of Class A Common Stock
restricted stock units financial
"Restricted stock units vesting under a registered plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
registered plan financial
"Restricted stock units vesting under a registered plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
aggregate market value financial
"169772 | 6072897.74 | 101771527 | 08/26/2024"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What stock is covered by this Form 144/A filing for SG (Sweetgreen, Inc.)?

The filing covers proposed sales of Class A Common Stock of Sweetgreen, Inc. It relates to shares issuable from restricted stock units vesting on 08/24/2024 under a registered compensation plan.

How many Sweetgreen (SG) shares are proposed to be sold in this Form 144/A?

The notice covers a proposed sale of 169,772 shares of Sweetgreen Class A common stock. These shares arise from restricted stock units vesting as compensation on 08/24/2024 under a registered plan.

What prior Sweetgreen (SG) stock sales by Jonathan Neman are disclosed?

The filing discloses that on 06/05/2024, Jonathan Neman sold 150,000 shares of Sweetgreen Class A common stock. Those shares generated aggregate proceeds of $4,575,000 during the past three months.

What is the reported aggregate market value of the Sweetgreen (SG) shares in this filing?

The notice lists an aggregate market value of $6,072,897.74 for the Sweetgreen Class A shares covered. It also notes 169,772 shares and references 101,771,527 shares outstanding as contextual information.

On which exchange are the Sweetgreen (SG) shares in this Form 144/A expected to trade?

The filing indicates the Sweetgreen Class A common stock is to be traded on the NYSE. E*Trade Financial Corporation is listed as the broker handling the proposed sale of 169,772 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

144/A: Remarks and Signature