GOLDMAN SACHS & CO. LLC 4

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.