Sweetgreen (SG) director Julie Bornstein receives 24,115-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bornstein Julie reported acquisition or exercise transactions in this Form 4 filing.
Sweetgreen, Inc. director Julie Bornstein reported a compensation-related equity award rather than an open-market trade. She received 24,115 shares of Class A Common Stock through a grant of fully vested Restricted Stock Units, with each unit settling into one share at no purchase price. Following this grant, she directly holds 70,507 shares of Sweetgreen Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bornstein Julie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 24,115 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 70,507 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU shares granted: 24,115 shares
Shares held after grant: 70,507 shares
Grant price: $0.00 per share
3 metrics
RSU shares granted
24,115 shares
Fully vested RSUs converting into Class A Common Stock
Shares held after grant
70,507 shares
Direct Class A Common Stock holdings post-transaction
Grant price
$0.00 per share
Reported transaction price for RSU-settled shares
Key Terms
Restricted Stock Units, Class A Common Stock, fully vested
3 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.
fully vested financial
"Represents the grant of fully vested Restricted Stock Units."
FAQ
What insider transaction did Sweetgreen (SG) director Julie Bornstein report?
Julie Bornstein reported an acquisition of Sweetgreen Class A Common Stock via an equity grant. She received 24,115 shares through fully vested Restricted Stock Units that settle into one share each, increasing her direct holdings to 70,507 shares after the transaction.
What is Julie Bornstein’s total Sweetgreen (SG) ownership after the reported grant?
After the reported grant, Julie Bornstein directly holds 70,507 shares of Sweetgreen Class A Common Stock. This total reflects her position immediately following the acquisition of 24,115 shares through fully vested Restricted Stock Units awarded on the reported transaction date.
Was the Sweetgreen (SG) transaction by Julie Bornstein a market purchase or a grant?
The transaction was a grant, not a market purchase. Julie Bornstein acquired 24,115 Sweetgreen shares through a grant of fully vested Restricted Stock Units, recorded at a transaction price of $0.00 per share as part of her equity compensation.
What are the Restricted Stock Units granted to Sweetgreen (SG) director Julie Bornstein?
The Restricted Stock Units are fully vested awards that convert into Sweetgreen Class A shares. Each RSU represents a contingent right to receive one share of Class A common stock upon settlement, and in this case produced 24,115 shares at no purchase cost.