Amended Schedule 13G: FMR LLC and Abigail P. Johnson disclose Sweetgreen holdings
Rhea-AI Filing Summary
Sweetgreen Inc. received an amended Schedule 13G reporting that FMR LLC and Abigail P. Johnson beneficially hold 28,606.44 shares of Sweetgreen Class A common stock. The filing lists the event date as 08/29/2025 and signatures dated 09/05/2025. FMR LLC (organized in Delaware) reports 1,422.23 shares of sole voting power and 28,606.44 shares of sole dispositive power; Abigail P. Johnson reports sole dispositive power over 28,606.44 shares and no voting power. The filing states these holdings represent 0.0% of the class and that the securities are held in the ordinary course of business, not to influence control. An Exhibit 99 and referenced powers of attorney are included by reference.
Positive
- Disclosure compliance: Filing provides clear, itemized reporting of voting and dispositive powers for both FMR LLC and Abigail P. Johnson.
- Passive holdings certified: Statement that securities are held in the ordinary course of business and not for control purposes reduces governance concerns.
Negative
- Insignificant stake: Reported ownership equals 0.0% of the class, indicating no material economic or voting influence.
- Limited information on beneficiaries: Filing notes other persons may have rights to proceeds/dividends but does not identify any holder exceeding 5%, leaving beneficiary detail minimal.
Insights
TL;DR: Reported holdings are small relative to the class and present routine disclosure, not a control stake.
The Schedule 13G/A shows aggregate beneficial ownership of 28,606.44 Class A shares by FMR LLC/Abigail P. Johnson, recorded as 0.0% of the class. The filing identifies voting and dispositive powers separately, with FMR LLC listing limited sole voting power and both reporting sole dispositive authority for the same share amount. The statement that the securities are held in the ordinary course of business and not to influence control is a standard certification for passive holdings. No material change in control, board composition, or large ownership threshold is indicated by the disclosed percentages.
TL;DR: This is a compliance disclosure reflecting passive ownership with no governance or control implications.
The amended filing clarifies record-level voting and dispositive powers and reiterates that holdings are passive. The inclusion of Exhibit 99 and powers of attorney references reflects standard filing mechanics for institutional filers. Because the reported ownership is listed as 0.0% of the class, there is no material governance impact or requirement for additional control disclosures. The form and signatures appear complete and align with Rule 13d reporting requirements for passive investors.