Goldman Sachs (NYSE: GS) discloses >10% Sweetgreen (SG) stake with 10.7M shares

Rhea-AI Filing Summary

Goldman Sachs Group Inc. and Goldman Sachs & Co. LLC have reported themselves as greater-than-10% beneficial owners of Sweetgreen, Inc. Class A Common Stock. The filing shows 10,741,799 shares of Class A Common Stock beneficially owned indirectly following this holding entry, with ownership held directly by Goldman Sachs and indirectly by GS Group. The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GOLDMAN SACHS GROUP INC, GOLDMAN SACHS & CO. LLC

Role 10% Owner | 10% Owner

Type	Security	Shares	Price	Value
holding	Class A Common Stock, par value $0.001 par value per share	--	--	--

Holdings After Transaction: Class A Common Stock, par value $0.001 par value per share — 10,741,799 shares (Indirect, See Footnotes)

Footnotes (1)

1. The Common Stock of the Issuer reported herein as indirectly purchased were beneficially owned directly by Goldman Sachs and indirectly by GS Group. This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC ("Goldman Sachs" and together with GS Group, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. On April 6, 2026, the Reporting Persons experienced an increase in their beneficial ownership of Sweetgreen, Inc. (the "Issuer") to above 10% of the outstanding Class A Common Stock.

Key Figures

Beneficially owned shares: 10,741,799 shares Ownership threshold: Above 10% Form type: Form 3

3 metrics

Beneficially owned shares 10,741,799 shares Class A Common Stock beneficially owned indirectly following holding entry

Ownership threshold Above 10% Beneficial ownership of Sweetgreen Class A Common Stock as of April 6, 2026

Form type Form 3 Initial statement of beneficial ownership by Goldman Sachs entities

Key Terms

beneficial ownership, ten percent owner, pecuniary interest

3 terms

beneficial ownership financial

"experienced an increase in their beneficial ownership of Sweetgreen, Inc."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

ten percent owner regulatory

"the Reporting Persons experienced an increase in their beneficial ownership ... to above 10%"

pecuniary interest financial

"disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein"

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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hours per response:			0.5

1. Name and Address of Reporting Person^*

GOLDMAN SACHS GROUP INC

(Last) (First) (Middle)

200 WEST STREET

(Street)

NEW YORK NEW YORK 10282

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/06/2026

3. Issuer Name and Ticker or Trading Symbol
Sweetgreen, Inc. [ SG ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock, par value $0.001 par value per share	10,741,799	I	See Footnotes(1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

GOLDMAN SACHS GROUP INC

(Last) (First) (Middle)

200 WEST STREET

(Street)

NEW YORK NEW YORK 10282

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

GOLDMAN SACHS & CO. LLC

(Last) (First) (Middle)

200 WEST STREET

(Street)

NEW YORK NEW YORK 10282

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The Common Stock of the Issuer reported herein as indirectly purchased were beneficially owned directly by Goldman Sachs and indirectly by GS Group.

2. This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC ("Goldman Sachs" and together with GS Group, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. On April 6, 2026, the Reporting Persons experienced an increase in their beneficial ownership of Sweetgreen, Inc. (the "Issuer") to above 10% of the outstanding Class A Common Stock.

	/s/ Crystal Orgill, Attorney-in-fact	04/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Sweetgreen (SG) Form 3 filing by Goldman Sachs report?

The Form 3 shows Goldman Sachs entities as greater-than-10% beneficial owners of Sweetgreen Class A Common Stock. They report indirect beneficial ownership of 10,741,799 shares, held directly by Goldman Sachs and indirectly by The Goldman Sachs Group, Inc., as of April 6, 2026.

How many Sweetgreen (SG) shares does Goldman Sachs report beneficially owning?

Goldman Sachs reports indirect beneficial ownership of 10,741,799 shares of Sweetgreen Class A Common Stock. This figure represents the total shares beneficially owned following the reported holding entry, crossing the 10% ownership threshold disclosed in the Form 3 footnotes.

Why is Goldman Sachs considered a ten percent owner of Sweetgreen (SG)?

Goldman Sachs is considered a ten percent owner because its beneficial ownership of Sweetgreen Class A Common Stock increased above 10%. The filing’s footnote states the reporting persons experienced an increase in beneficial ownership on April 6, 2026, taking their holdings above this threshold.

How is the Sweetgreen (SG) stock held by Goldman Sachs structured?

The shares are held directly by Goldman Sachs & Co. LLC and indirectly by The Goldman Sachs Group, Inc. The filing notes indirect beneficial ownership and that each reporting person disclaims beneficial ownership of the securities except to the extent of its pecuniary interest in the shares.

Does Goldman Sachs fully acknowledge beneficial ownership of its Sweetgreen (SG) shares?

No, each reporting person disclaims beneficial ownership of the Sweetgreen securities except to the extent of its pecuniary interest. This standard language indicates they recognize an economic interest in the shares while limiting broader claims of beneficial ownership beyond that interest.