McConnell Jamie 4
4 · Sweetgreen, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Sweetgreen (SG) CFO Jamie McConnell Receives Awards
What Happened
- Jamie McConnell, Chief Financial Officer of Sweetgreen, was granted two awards on March 15, 2026: 76,923 restricted stock units (RSUs) and a derivative award covering 109,890 shares (stock options). Both grants show a $0 per-share acquisition price (awards), so no cash was exchanged at grant. Combined, the awards cover 186,813 share equivalents.
Key Details
- Transaction date: 2026-03-15; Form 4 filed 2026-03-17 (timely filing).
- Grant amounts and price: 76,923 RSUs @ $0.00; 109,890 derivative shares/options @ $0.00.
- Vesting (measured from Feb 15, 2026): for both awards the vesting schedule is (per footnotes) 5% vesting in quarterly installments over year 1, 7.5% quarterly over year 2, and 12.5% quarterly over year 3, subject to continuous service.
- Shares owned after the transaction: not specified in the provided excerpt.
- No tax-withholding, 10b5-1 plan, or sale/transfer noted in the filing excerpt.
Context
- These are time‑based equity awards, not open-market purchases or sales. The RSUs and options vest over multiple years, so they do not represent immediate share purchases or sales. Such grants are common for executive compensation and align long-term incentives with company performance; they do not by themselves indicate short-term trading sentiment.
Insider Transaction Report
Form 4
McConnell Jamie
Chief Financial Officer
Transactions
- Award
Class A Common Stock
[F1]2026-03-15+76,923→ 226,923 total - Award
Stock Option (Right to Buy)
[F2]2026-03-15+109,890→ 109,890 totalExercise: $5.32Exp: 2036-03-14→ Class A Common Stock (109,890 underlying)
Footnotes (2)
- [F1]Represents the grant of restricted stock units ("RSUs") that vest as follows measured from February 15, 2026: (i) 5% of the RSUs will vest in quarterly installments on each Quarterly Vesting Date over the first year, (ii) 7.5% of the RSUs will vest in quarterly installments on each Quarterly Vesting Date over the second year, and (iii) 12.5% of the RSUs will vest in quarterly installments on each Quarterly Vesting Date over the third year, subject to the reporting person's continuous service through each applicable vesting date.
- [F2]The shares subject to the option vest as follows measured from February 15, 2026: (i) 5% of the options will vest in quarterly installments on each Quarterly Vesting Date over the first year, (ii) 7.5% of the options will vest in quarterly installments on each Quarterly Vesting Date over the second year, and (iii) 12.5% of the options will vest in quarterly installments on each Quarterly Vesting Date over the third year, subject to the reporting person's continuous service through each applicable vesting date.
Signature
/s/ Matthew Alexander, Attorney-in-Fact|2026-03-17