Form 4: Sweetgreen Director Julie Bornstein Granted Over 13,000 Shares in Equity Compensation

Sweetgreen, Inc. Director Julie Bornstein was granted 13,755 shares of Class A Common Stock through fully vested Restricted Stock Units, increasing her direct beneficial ownership to 46,392 shares.

Summary

• Sweetgreen, Inc. (SG) Director Julie Bornstein acquired 13,755 shares of Class A Common Stock on June 12, 2025.
• The acquisition was a grant of fully vested Restricted Stock Units (RSUs), with each RSU representing a contingent right to receive one share of the Issuer's Class A common stock upon settlement.
• The transaction price for these shares was reported as $0, consistent with an equity grant.
• Following this transaction, Ms. Bornstein's direct beneficial ownership of Sweetgreen Class A Common Stock increased to 46,392 shares.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director's acquisition of shares, even through a grant, generally aligns their interests with shareholders and can be seen as a sign of confidence. However, it's a routine compensation event, not a significant strategic or financial announcement.

Positives

• The grant of fully vested Restricted Stock Units to a director aligns management's interests with those of shareholders, as their compensation is tied to the company's equity performance.
• An increase in a director's beneficial ownership can signal confidence in the company's future prospects.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report, common across all industries, reflecting a director's equity compensation. It does not provide specific insights into broader industry trends or competitive dynamics within the restaurant or fast-casual sector.

Stakeholder Impact

• Shareholders: The grant of equity to a director can be viewed positively as it aligns the director's financial interests with the long-term performance of the company, potentially encouraging decisions that benefit share value.

Key Dates

Keywords

Sweetgreen, SG, SEC Form 4, Insider Transaction, Director Compensation, Restricted Stock Units, RSU Grant, Equity Compensation, Class A Common Stock, Beneficial Ownership