Sweetgreen (NYSE: SG) director Clifford Burrows granted 24,115 RSUs
Filing Impact
Filing Sentiment
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 Trade Summary
2 transactions reported
Mixed
2 txns
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)
- [object Object]
Key Figures
RSU grant size: 24,115 shares
Direct holdings after grant: 144,435 shares
Indirect trust holdings: 19,200 shares
+1 more
4 metrics
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
Key Terms
Restricted Stock Units, Class A Common Stock, grant/award acquisition, indirect ownership
4 terms
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""
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.
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.