Sweetgreen (SG) officer adds 4,428 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sweetgreen, Inc. director and Chief Concept Officer Nicolas Jammet reported an open-market purchase of Class A Common Stock through a revocable trust. The Nicolas Jammet Revocable Trust bought 4,428 shares on March 5, 2026 at $5.71 per share, held as indirect ownership. Following this transaction, the trust held 22,543 shares, and Jammet also reported 1,763,203 shares of directly held Class A Common Stock as of the same date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,428 shares ($25,284)
Net Buy
2 txns
Insider
Jammet Nicolas
Role
Chief Concept Officer
Bought
4,428 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 4,428 | $5.71 | $25K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 22,543 shares (Indirect, See footnote);
Class A Common Stock — 1,763,203 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Sweetgreen (SG) report for Nicolas Jammet?
Sweetgreen reported that a revocable trust associated with Chief Concept Officer Nicolas Jammet purchased 4,428 shares of Class A Common Stock in an open-market transaction on March 5, 2026, as disclosed in a Form 4 insider trading report.
What are Nicolas Jammet’s indirect Sweetgreen (SG) holdings after this Form 4?
After the reported transaction, the revocable trust associated with Nicolas Jammet held 22,543 shares of Sweetgreen Class A Common Stock. These shares are reported as indirect ownership because they are held in the Nicolas Jammet Revocable Trust.
How is the Sweetgreen (SG) transaction classified on the Form 4?
The transaction is classified with code “P,” meaning a purchase in an open-market or private transaction. It is labeled as a non-derivative transaction in Class A Common Stock and is treated as an indirect purchase through the revocable trust.
Why is the Sweetgreen (SG) purchase reported as indirect ownership?
The shares are held by the Nicolas Jammet Revocable Trust, so they are reported as indirect ownership. The Form 4 footnote explains that the purchased shares are held by this revocable trust rather than directly in Jammet’s personal name.