Bornstein Julie 4
Research Summary
AI-generated summary
Sweetgreen (SG) Director Julie Bornstein Receives RSU Award
What Happened Julie Bornstein, a director of Sweetgreen, Inc. (SG), was granted 24,115 fully vested Restricted Stock Units (RSUs) on 2026-06-11. The filing shows an acquisition (code A) at $0.00 per share (total cash paid $0). The RSUs are recorded as fully vested and represent a contingent right to receive one share of the company’s Class A common stock upon settlement.
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-15 (appears timely under the two-business-day rule).
- Transaction type/code: Award/Grant (A).
- Quantity and price: 24,115 RSUs at $0.00 per share (acquisition value shown as $0).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: F1 — each RSU is a contingent right to one share of Class A common stock upon settlement.
- Tax withholding or settlement details: Not specified in the filing.
Context RSUs are a form of equity compensation. Fully vested RSUs mean the recipient has the right to shares upon settlement (subject to the company’s settlement mechanics), but a grant is generally compensation rather than an open-market purchase or sale and should not be taken alone as a clear bullish or bearish signal.