Sweetgreen (NYSE: SG) grants stock options and RSUs to Nicolas Jammet
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sweetgreen, Inc. reported that Chief Concept Officer and director Nicolas Jammet received new equity awards. He was granted stock options for 76,923 shares of Class A common stock at an exercise price of $5.32 per share, expiring on March 14, 2036. The options vest quarterly over three years starting from February 15, 2026, based on a stepped schedule.
Jammet also received 53,846 restricted stock units, which follow the same quarterly vesting pattern from February 15, 2026, subject to continued service. After these grants, he holds 1,817,049 Class A shares directly and 22,543 shares indirectly through the Nicolas Jammet Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Jammet Nicolas
Role
Chief Concept Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 76,923 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 53,846 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 76,923 shares (Direct);
Class A Common Stock — 1,817,049 shares (Direct);
Class A Common Stock — 22,543 shares (Indirect, See footnote)
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 are held by Nicolas Jammet Revocable Trust U/T/A dated October 7, 2016. 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.