STOCK TITAN

Director at Sweetgreen (NYSE: SG) receives 24,115 fully vested RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
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""
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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*
Blumenthal Neil Harris

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/11/2026A24,115(1)A$0123,287D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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-Fact06/15/2026
** Signature of Reporting PersonDate
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)

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.

Were Neil Harris Blumenthal’s new Sweetgreen (SG) shares bought on the market?

No, the 24,115 Sweetgreen shares were granted as fully vested Restricted Stock Units, not bought in the open market. Each RSU represents a right to receive one Class A share upon settlement, reflecting equity compensation rather than a cash investment.

How many Sweetgreen (SG) shares does Neil Harris Blumenthal hold after this Form 4?

After the June 11, 2026 equity award, Neil Harris Blumenthal directly holds 123,287 shares of Sweetgreen Class A common stock. This total includes the 24,115 shares received through fully vested RSU grants reported in the Form 4 filing.

What is the exercise or purchase price of Neil Harris Blumenthal’s new Sweetgreen (SG) shares?

The reported transaction price per share is $0.00 because the 24,115 shares were granted as fully vested RSUs. RSU awards are typically issued as compensation without a cash exercise price, delivering shares upon settlement instead of requiring a purchase payment.

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.