Sweetgreen (NYSE: SG) director receives 24,115 fully vested RSUs as equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Moran Montgomery F reported acquisition or exercise transactions in this Form 4 filing.

Sweetgreen, Inc. director Moran Montgomery F received an equity award of 24,115 shares of Class A common stock on June 11, 2026. The shares were granted as fully vested Restricted Stock Units, each representing one share upon settlement and awarded at $0.00 per share as compensation rather than a market purchase. After this grant, Montgomery directly holds 77,870 shares of Sweetgreen Class A common stock, indicating an increased equity stake aligned with the company’s performance.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Moran Montgomery F

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	24,115	$0.00	--

Holdings After Transaction: Class A Common Stock — 77,870 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 24,115 shares Post-grant holdings: 77,870 shares Grant price per share: $0.00 per share +2 more

5 metrics

RSU grant size 24,115 shares Fully vested RSUs granted on June 11, 2026

Post-grant holdings 77,870 shares Total Class A common stock directly owned after transaction

Grant price per share $0.00 per share Equity award, not an open-market purchase

Transaction code Code A Grant, award, or other acquisition of non-derivative security

Transaction date June 11, 2026 Date of RSU grant reported on Form 4

Key Terms

Restricted Stock Units, Class A Common Stock, Form 4, Grant, award, or other acquisition

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

06/15/2026 - 04:34 PM

SEC Form 4

FORM 4

UNITED 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^*

Moran Montgomery F

(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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/11/2026		A		24,115⁽¹⁾	A	$0	77,870	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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-Fact	06/15/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Sweetgreen (SG) director Moran Montgomery receive in this Form 4 filing?

Moran Montgomery received an equity award of 24,115 fully vested Restricted Stock Units. Each RSU represents one share of Sweetgreen Class A common stock to be delivered upon settlement, increasing his direct ownership stake.

Was the Sweetgreen (SG) stock award to Moran Montgomery an open-market purchase?

No, the award was not an open-market purchase. It was a grant of fully vested Restricted Stock Units at $0.00 per share, reflecting compensation rather than a transaction executed in the public market.

How many Sweetgreen (SG) shares does Moran Montgomery hold after this RSU grant?

Following the RSU grant, Moran Montgomery directly owns 77,870 shares of Sweetgreen Class A common stock. This total includes the 24,115 shares underlying the fully vested Restricted Stock Units reported in the Form 4 filing.

What is a Restricted Stock Unit (RSU) in the context of Sweetgreen (SG)?

A Restricted Stock Unit is a promise to deliver a share of stock in the future. In this case, each RSU equals one Sweetgreen Class A share upon settlement, functioning as stock-based compensation for the director.

What transaction code was used for the Sweetgreen (SG) director’s award and what does it mean?

The transaction used code “A,” indicating a grant, award, or other acquisition. This shows the Sweetgreen director received 24,115 Restricted Stock Units as compensation, rather than buying or selling shares on the open market.