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Sweetgreen (NYSE: SG) director Dawn Ostroff granted 24,115 fully vested RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

OSTROFF DAWN reported acquisition or exercise transactions in this Form 4 filing.

Sweetgreen, Inc. director Dawn Ostroff received an equity grant of Class A common stock through fully vested Restricted Stock Units. The award covered 24,115 RSUs, each representing one share of Class A common stock upon settlement at no cash cost per share. Following this grant, Ostroff directly holds 37,870 shares of Sweetgreen Class A common stock.

Positive

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Negative

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Insider OSTROFF DAWN
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 24,115 $0.00 --
Holdings After Transaction: Class A Common Stock — 37,870 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 24,115 shares Fully vested Restricted Stock Units representing Class A common stock
Total holdings after grant 37,870 shares Director Dawn Ostroff’s direct Class A common stock position after transaction
Grant price per share $0.00 per share Compensation-related RSU award, not an open-market purchase
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.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
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Form 4 Insider Transactions: What Each Field Means →
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*
OSTROFF DAWN
(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$037,870D
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Sweetgreen (SG) director Dawn Ostroff report in this Form 4?

Dawn Ostroff reported receiving a grant of 24,115 fully vested Restricted Stock Units in Sweetgreen Class A common stock. These RSUs convert into the same number of shares upon settlement, increasing her direct equity stake in the company.

How many Sweetgreen (SG) shares does Dawn Ostroff hold after this transaction?

After the RSU grant, Dawn Ostroff directly holds 37,870 shares of Sweetgreen Class A common stock. This figure reflects her updated ownership position as reported in the Form 4 following the equity award.

Was there a purchase price for the Sweetgreen (SG) RSU grant to Dawn Ostroff?

The RSU grant to Dawn Ostroff carried a stated price of $0.00 per share. This reflects a compensation-related equity award rather than an open-market purchase, with shares delivered upon settlement of the vested RSUs.

What does the Restricted Stock Unit grant mean for Sweetgreen (SG) governance?

The RSU grant aligns Dawn Ostroff’s compensation with Sweetgreen’s equity performance by increasing her share-based stake. Such director awards are commonly used to tie board member incentives to long-term shareholder value at the company.

Are the Sweetgreen (SG) RSUs granted to Dawn Ostroff already vested?

Yes, the footnote states the 24,115 Restricted Stock Units are fully vested. Each RSU represents a contingent right to receive one share of Sweetgreen’s Class A common stock upon settlement, without additional vesting conditions.