STOCK TITAN

Sweetgreen (NYSE: SG) director Clifford Burrows granted 24,115 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BURROWS CLIFFORD reported acquisition or exercise transactions in this Form 4 filing.

Sweetgreen, Inc. director Clifford Burrows reported a stock-based compensation award rather than an open-market trade. On June 11, 2026, he received a grant of 24,115 fully vested Restricted Stock Units, each representing one share of Class A common stock, at no cash cost to him.

After this grant, Burrows directly owned 144,435 shares of Class A common stock and also had 19,200 shares held indirectly through a trust. The filing reflects routine equity compensation intended to align the director’s interests with Sweetgreen shareholders.

Positive

  • None.

Negative

  • None.
Insider BURROWS CLIFFORD
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 24,115 $0.00 --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 144,435 shares (Direct, null); Class A Common Stock — 19,200 shares (Indirect, By Trust)
Footnotes (1)
  1. [object Object]
RSU grant size 24,115 shares Fully vested Restricted Stock Units granted on June 11, 2026
Direct holdings after grant 144,435 shares Class A Common Stock directly owned by Clifford Burrows after transaction
Indirect trust holdings 19,200 shares Class A Common Stock held indirectly by trust as of June 11, 2026
Grant price per share $0.00 per share Reported price for granted Restricted Stock Units
Restricted Stock Units financial
"Represents the grant of fully vested Restricted Stock Units."
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.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
indirect ownership financial
""ownership_type": "indirect""
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
BURROWS CLIFFORD

(Last)(First)(Middle)
C/O SWEETGREEN, INC.
3102 36TH STREET

(Street)
LOS ANGELES CALIFORNIA 90018

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sweetgreen, Inc. [ SG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/11/2026A24,115(1)A$0144,435D
Class A Common Stock19,200IBy Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the grant of fully vested Restricted Stock Units. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock upon settlement.
/s/ Matthew Alexander, Attorney-in-Fact06/15/2026
** Signature of Reporting PersonDate
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 4 (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 4: SEC 1474 (03-26)

FAQ

What did Sweetgreen (SG) director Clifford Burrows report in this Form 4?

Clifford Burrows reported receiving 24,115 fully vested Restricted Stock Units of Sweetgreen Class A common stock. These equity awards are compensation, not open-market purchases, and increase his direct ownership position in the company.

How many Sweetgreen shares did Clifford Burrows receive in the latest grant?

Clifford Burrows received 24,115 Restricted Stock Units, each equal to one share of Sweetgreen Class A common stock. The grant was reported at a price of $0.00 per share as it represents stock-based compensation.

What are Clifford Burrows’ Sweetgreen share holdings after this Form 4?

Following the reported grant, Clifford Burrows directly holds 144,435 Sweetgreen Class A shares. He also has 19,200 additional shares held indirectly through a trust, according to the filing’s ownership details.

Are the Sweetgreen shares in this Form 4 an open-market purchase or compensation?

The shares are compensation. The filing describes the transaction as a grant of fully vested Restricted Stock Units at $0.00 per share, which is typical for equity awards to directors rather than open-market stock purchases.

What does “fully vested Restricted Stock Units” mean in the Sweetgreen filing?

Fully vested Restricted Stock Units are share-based awards that have already met all vesting conditions. Each RSU in this Sweetgreen grant entitles Clifford Burrows to receive one share of Class A common stock upon settlement.