Form 4: Sweetgreen Director Sells Shares in Multiple Transactions

Sweetgreen director Youngme E. Moon sold a total of 37,500 Class A common stock shares in multiple transactions on November 13, 2024.

Summary

• Youngme E. Moon, a director at Sweetgreen, Inc., sold 29,446 shares of Class A common stock at a weighted average price of $37.73 on November 13, 2024.
• These shares were sold in multiple transactions with prices ranging from $37.15 to $38.14.
• Additionally, Ms. Moon sold 8,054 shares of Class A common stock at a weighted average price of $38.21 on the same day.
• These shares were sold in multiple transactions with prices ranging from $38.15 to $38.30.
• Following these transactions, Ms. Moon directly owns 35,137 shares of Class A common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a director's share sales, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for directors of publicly traded companies.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders.
• The reported transactions are typical for directors who may sell shares for personal financial management reasons.
• The price ranges of the transactions are within a normal trading range for the stock.

Stakeholder Impact

• The share sales by a director may have a minor impact on investor sentiment, but are generally considered routine.

Key Dates

Keywords

Sweetgreen, Director, Share Sale, Class A Common Stock, SEC Form 4, Insider Trading