Sweetgreen (SG) grants COO new stock options and RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sweetgreen, Inc. Chief Operating Officer Jason Miles Cochran reported new equity awards. He received a stock option covering 109,890 shares of Class A Common Stock at an exercise price of $5.3200 per share, expiring on March 14, 2036.
He also received 76,923 restricted stock units, bringing his direct common stock holdings to 226,923 shares after the award. Both the RSUs and the option vest in quarterly installments measured from February 15, 2026 over three years, with vesting conditioned on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cochran Jason Miles
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 109,890 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 76,923 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 109,890 shares (Direct);
Class A Common Stock — 226,923 shares (Direct)
Footnotes (1)
- Represents the grant of restricted stock units ("RSUs") that vest as follows measured from February 15, 2026: (i) 5% of the RSUs will vest in quarterly installments on each Quarterly Vesting Date over the first year, (ii) 7.5% of the RSUs will vest in quarterly installments on each Quarterly Vesting Date over the second year, and (iii) 12.5% of the RSUs will vest in quarterly installments on each Quarterly Vesting Date over the third year, subject to the reporting person's continuous service through each applicable vesting date. The shares subject to the option vest as follows measured from February 15, 2026: (i) 5% of the options will vest in quarterly installments on each Quarterly Vesting Date over the first year, (ii) 7.5% of the options will vest in quarterly installments on each Quarterly Vesting Date over the second year, and (iii) 12.5% of the options will vest in quarterly installments on each Quarterly Vesting Date over the third year, subject to the reporting person's continuous service through each applicable vesting date.
FAQ
What equity awards did Sweetgreen (SG) COO Jason Cochran receive?
Jason Cochran received a stock option for 109,890 shares at $5.3200 per share and 76,923 restricted stock units. These awards are part of his compensation and increase his equity stake in Sweetgreen, Inc. subject to multi-year vesting conditions.
How do Jason Cochran’s new Sweetgreen stock options vest?
The 109,890 stock options vest quarterly from February 15, 2026: 5% over the first year, 7.5% over the second, and 12.5% over the third. Each vesting installment requires Cochran to remain in continuous service with Sweetgreen.
What is the vesting schedule for Jason Cochran’s Sweetgreen RSUs?
The 76,923 RSUs vest quarterly from February 15, 2026: 5% in the first year, 7.5% in the second, and 12.5% in the third. Vesting occurs on each Quarterly Vesting Date, contingent on continued service.
Does this Sweetgreen Form 4 show any insider stock sales?
No, the Form 4 only reports grant or award acquisitions of options and restricted stock units. There are no open-market purchases or sales, tax-withholding dispositions, or gifts disclosed in this filing for Jason Cochran.