BURROWS CLIFFORD 4

What Happened Clifford Burrows, a director of Sweetgreen, received an award of 24,115 Restricted Stock Units (RSUs) on 2026-06-11. The Form 4 shows an acquisition (award) at $0.00 per unit; each RSU is a contingent right to one share of the company’s Class A common stock upon settlement. This was a grant/compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-11; Form 4 filed: 2026-06-15.
• Security: 24,115 RSUs granted (transaction code A — award/grant); reported acquisition price $0.00.
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnote: F1 — RSUs are fully vested and each represents a contingent right to receive one share upon settlement.
• Timeliness: The filing was submitted four days after the transaction date; insiders are generally required to file Form 4 within 2 business days, so this appears to be a late filing.

Context RSU grants are typically compensation and do not necessarily signal an open‑market purchase or sale by the insider. Fully vested RSUs mean Burrows already has the contingent entitlement to shares, though settlement, tax withholding, and actual receipt of shares can follow different timelines and mechanics.