GOLDMAN SACHS & CO. LLC 4
4 · Sweetgreen, Inc. · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
Sweetgreen (SG) Goldman Sachs Buys 594,553 Shares (~$3.38M)
What Happened
- The reporting persons — The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC — purchased a total of 594,553 shares of Sweetgreen, Inc. (SG) on April 7, 2026. Trades were executed at prices ranging roughly from $5.61 to $5.72 per share, with the largest block being 566,000 shares at $5.69 (≈ $3,220,540). The aggregate consideration for all reported purchases was about $3.38 million. These transactions are reported as purchases (code P).
Key Details
- Transaction date: April 7, 2026; filing date: April 9, 2026 (timely Form 4 filing).
- Price range: approximately $5.61–$5.72; total shares purchased: 594,553; total value: ≈ $3,382,600.
- Post-transaction holdings: not specified in the portion provided; filing notes that on April 8, 2026 the Reporting Persons ceased to be a greater-than-10% beneficial owner of Sweetgreen Class A common stock.
- Footnotes: Goldman Sachs states these trades were effected by Goldman Sachs acting as a market maker in the ordinary course of business and disclaims beneficial ownership except to the extent of any pecuniary interest. The filing also says any Section 16(b) profit potentially recoverable (if applicable) will be remitted to the issuer.
- Remarks: balance of trades included in attached schedule (Exhibit 99.1).
Context
- These are institutional market-making purchases by Goldman Sachs (not an executive’s personal trades). Market-maker activity can reflect trading/flow needs rather than a straightforward bullish signal; the filing explicitly characterizes the trades as market making and disclaims beneficial ownership for Section 16 purposes.
Insider Transaction Report
- Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.69/sh+566,000$3,220,540→ 11,871,702 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.69/sh+11,243$63,973→ 11,882,945 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.66/sh+2,063$11,677→ 11,885,008 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.66/sh+1,603$9,073→ 11,886,611 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.65/sh+1,502$8,486→ 11,888,113 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.69/sh+1,496$8,512→ 11,889,609 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.66/sh+1,233$6,979→ 11,890,842 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.69/sh+1,020$5,804→ 11,891,862 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.66/sh+951$5,383→ 11,892,813 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.66/sh+901$5,100→ 11,893,714 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.66/sh+901$5,100→ 11,894,615 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.66/sh+721$4,081→ 11,895,336 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.65/sh+600$3,390→ 11,895,936 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.69/sh+375$2,134→ 11,896,311 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.69/sh+366$2,083→ 11,896,677 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.69/sh+341$1,940→ 11,897,018 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.67/sh+300$1,701→ 11,897,318 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.69/sh+295$1,679→ 11,897,613 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.69/sh+290$1,650→ 11,897,903 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.72/sh+288$1,647→ 11,898,191 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.65/sh+272$1,537→ 11,898,463 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.63/sh+260$1,464→ 11,898,723 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.65/sh+221$1,249→ 11,898,944 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.67/sh+201$1,140→ 11,899,145 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.66/sh+200$1,132→ 11,899,345 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.67/sh+200$1,134→ 11,899,545 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.61/sh+196$1,100→ 11,899,741 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.61/sh+188$1,055→ 11,899,929 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.69/sh+166$945→ 11,900,095 total(indirect: See footnotes) - Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2][F3][F4]2026-04-07$5.70/sh+160$912→ 11,900,255 total(indirect: See footnotes)
Footnotes (4)
- [F1]This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC. ("Goldman Sachs" and, together with GS Group, the "Reporting Persons"). Goldman Sachs is a wholly-owned subsidiary of GS Group. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that any such Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. On April 8, 2026, the Reporting Persons ceased to be a greater than 10% beneficial owner of Sweetgreen, Inc.'s (the "Issuer") Class A Common Stock (the "Common Stock").
- [F2]These transactions in the Common Stock of the Issuer were effected by Goldman Sachs acting as a market maker in the ordinary course of business.
- [F3]Without conceding market making trades in the ordinary course of business can result in liability under Section 16(b) of the Exchange Act, the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that they were subject to Section 16(b) will be remitted to the Issuer.
- [F4]The Common Stock of the Issuer reported herein as indirectly owned was beneficially owned directly by Goldman Sachs and indirectly by GS Group.