Sweetgreen (NYSE: SG) insider sets August sale after June cash-out
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.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed to be sold: 169,772 shares
Aggregate market value of proposed sale: $6,072,897.74
Shares outstanding: 101,771,527 shares
+3 more
6 metrics
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
Key Terms
restricted stock units, registered plan, aggregate market value
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.