Director at Sweetgreen (NYSE: SG) receives 24,115 fully vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sweetgreen, Inc. director Neil Harris Blumenthal received an equity award of 24,115 shares of Class A common stock on June 11, 2026. The award was structured as fully vested Restricted Stock Units, each representing the right to receive one share upon settlement. Following this grant, his direct holdings increased to 123,287 Class A shares. This is a compensation-related acquisition, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blumenthal Neil Harris
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 24,115 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 123,287 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 24,115 shares
Transaction price: $0.00 per share
Holdings after grant: 123,287 shares
+1 more
4 metrics
RSU grant
24,115 shares
Fully vested RSUs granted June 11, 2026
Transaction price
$0.00 per share
Grant of RSUs, no cash exercise price
Holdings after grant
123,287 shares
Class A common stock held directly after transaction
Security type
Class A Common Stock
Underlying shares deliverable upon RSU settlement
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 upon settlement."
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""
FAQ
What insider transaction did Sweetgreen (SG) report for Neil Harris Blumenthal?
Sweetgreen reported that director Neil Harris Blumenthal received a grant of 24,115 shares of Class A common stock as fully vested RSUs. This is a compensation-related equity award, not a market purchase, and increases his direct holdings to 123,287 shares.
What does a fully vested RSU grant mean for Sweetgreen (SG) insiders?
A fully vested RSU grant means the recipient has already met vesting conditions and holds a right to receive shares upon settlement. For Sweetgreen, Neil Harris Blumenthal’s 24,115 RSUs each convert into one Class A share, functioning as immediate equity compensation rather than future contingent awards.