Form 4: Sweetgreen COO Rossann Williams Reports Stock Grant and Sale

Sweetgreen's Chief Operating Officer, Rossann Williams, reports receiving a grant of restricted stock units and selling shares to cover tax obligations.

Summary

• Rossann Williams, the Chief Operating Officer of Sweetgreen, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 15, 2025, Williams received 9,671 shares of Class A Common Stock as a grant of fully vested Restricted Stock Units (RSUs).
• Each RSU represents a contingent right to receive one share of Sweetgreen's Class A common stock upon settlement.
• On March 17, 2025, Williams sold 4,977 shares of Class A Common Stock at a price of $23.8 per share.
• This sale was mandated by Sweetgreen to cover tax withholding obligations related to equity incentives.
• Following these transactions, Williams beneficially owns 95,516 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reports routine stock transactions related to executive compensation and tax obligations.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market.

Key Dates