McConnell Jamie 4

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.