Jonathan Neman - Mar 15, 2025 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Ashley Van, Attorney-in-Fact
Stock symbol: SG
Transactions as of: Mar 15, 2025
Transactions value $: -$136,065
Form type: 4
Date filed: 3/18/2025, 07:00 PM
Previous filing: Mar 12, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SG	Class A Common Stock	Award	$0	+15.5K	+0.86%	$0.00	1.82M	Mar 15, 2025	Direct	F1
transaction	SG	Class A Common Stock	Sale	-$136K	-5.72K	-0.31%	$23.80	1.81M	Mar 17, 2025	Direct	F2
holding	SG	Class A Common Stock						944K	Mar 15, 2025	See footnote	F3
holding	SG	Class A Common Stock						50K	Mar 15, 2025	By spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SG	Stock Option (Right to Buy)	Award	$0	+223K		$0.00	223K	Mar 15, 2025	Class A Common Stock	223K	$23.80	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the grant of fully vested Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock upon settlement.
F2	This sale was mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F3	The shares are held by the JDRB Trust.
F4	The options vests quarterly over 3 years with 5% of the shares subject to the option vesting quarterly in the first year, 7.5% of the shares subject to the option vesting quarterly in the second year and 12.5% of the shares subject to the option vesting quarterly in the third year, subject to the reporting person's continuous service through each applicable vesting date.