Sweetgreen (SG) grants COO new stock options and RSU awards

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.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cochran Jason Miles

(Last) (First) (Middle)

C/O SWEETGREEN, INC.

3102 WEST 36TH STREET

(Street)

LOS ANGELES CA 90018

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/15/2026		A		76,923(1)	A	$0	226,923	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$5.32	03/15/2026		A		109,890		(2)	03/14/2036	Class A Common Stock	109,890	$0	109,890	D

Explanation of Responses:

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.

2. 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.

	/s/ Matthew Alexander, Attorney-in-Fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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.

How many Sweetgreen shares does Jason Cochran hold after these grants?

After the RSU grant, Jason Cochran directly holds 226,923 shares of Sweetgreen Class A Common Stock. The stock option covers an additional 109,890 underlying shares, which become exercisable over time as the options vest according to the disclosed schedule.

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.