Mitch Reback - Apr 15, 2025 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Signature
/s/ Ashley Van, Attorney-in-Fact
Stock symbol
SG
Transactions as of
Apr 15, 2025
Transactions value $
-$65,160
Form type
4
Date filed
4/16/2025, 05:21 PM
Previous filing
Mar 18, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SG Class A Common Stock Options Exercise $19.1K +4K +1.16% $4.78 349K Apr 15, 2025 Direct
transaction SG Class A Common Stock Sale -$84.3K -4K -1.15% $21.07 345K Apr 15, 2025 Direct F1
holding SG Class A Common Stock 70.2K Apr 15, 2025 See footnote F2
holding SG Class A Common Stock 70.2K Apr 15, 2025 See footnote F3
holding SG Class A Common Stock 186K Apr 15, 2025 By Family Trust
holding SG Class A Common Stock 43.9K Apr 15, 2025 See footnote F4
holding SG Class A Common Stock 43.9K Apr 15, 2025 See footnote F5

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) Options Exercise $0 -4K -6.13% $0.00 61.3K Apr 15, 2025 Class A Common Stock 4K $4.78 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The shares were sold pursuant to a 10b5-1 trading plan dated September 9, 2024.
F2 The shares are held by Donald Spetner, Trustee of The IMCR GRAT, dated July 27, 2021.
F3 The shares are held by Donald Spetner, Trustee of The MRCR GRAT, dated July 27, 2021.
F4 The shares are held by Donald Spetner, Trustee of The MRCR GRAT, dated July 27, 2023.
F5 The shares are held by Donald Spetner, Trustee of The IMCR GRAT, dated July 27, 2023.
F6 Fully vested.