4/A: Sweetgreen CFO Mitch Reback Corrects Shareholding After Gift Transactions
SEC Filing
Mitch Reback, CFO of Sweetgreen, Inc., files an amended Form 4/A to correct the number of shares held following gift transactions on August 20, 2024.
Summary
- Mitch Reback, the Chief Financial Officer of Sweetgreen, Inc., filed an amended Form 4/A with the SEC on April 16, 2025.
- The amendment corrects the number of shares held after gift transactions that occurred on August 20, 2024.
- The original filing was made on August 20, 2024.
- The corrected filing indicates that Reback indirectly owns 70,169 shares of Class A Common Stock through The IMCR GRAT and The MRCR GRAT, both dated July 27, 2021, with Donald Spetner as Trustee.
- The gift transactions on August 20, 2024, involved the disposal of 9,190 shares each from the IMCR GRAT and the MRCR GRAT at a price of $0 per share.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.
Industry Context
This is a routine regulatory filing related to changes in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The correction of shareholding information ensures accurate representation of insider ownership, which is important for shareholders.
Key Dates
| Date | Description |
|---|---|
| July 27, 2021 | Date of The IMCR GRAT and The MRCR GRAT. |
| August 16, 2024 | Date of Earliest Transaction. |
| August 20, 2024 | Date of original filing and gift transactions. |
| April 16, 2025 | Date of amended filing (Form 4/A). |
Keywords
Form 4/A, Sweetgreen, Mitch Reback, Shareholding, Gift Transactions, SEC Filing, Class A Common Stock, Beneficial Ownership, IMCR GRAT, MRCR GRAT
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