Jammet Nicolas 4
4 · Sweetgreen, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Sweetgreen (SG) Chief Concept Officer Nicolas Jammet Receives Award
What Happened Nicolas Jammet, Sweetgreen's Chief Concept Officer and a company director, received two awards on 2026-03-15: 53,846 restricted stock units (RSUs) and 76,923 derivative awards (options or option-like awards). Both grants were recorded at $0.00 per share (standard for equity awards); no cash changed hands on grant.
Key Details
- Transaction date: 2026-03-15; Form 4 filed 2026-03-17 (appears timely—filed within two business days).
- Awards: 53,846 non-derivative RSUs (acquired, $0.00) and 76,923 derivative awards (acquired, $0.00).
- Vesting: Both awards vest over three years measured from Feb 15, 2026 — 5% vest in quarterly installments in year 1, 7.5% per quarter-year in year 2, and 12.5% per quarter-year in year 3, subject to continued service (see footnotes F1 & F3).
- Holding vehicle: The shares are held by the Nicolas Jammet Revocable Trust dated Oct 7, 2016 (footnote F2).
- Shares owned after transaction: Not specified in the provided filing.
Context These were grants (award/acquisition), not purchases or exercises — meaning Jammet received future equity rights that vest over time. The derivative grant represents option-like rights that must vest before converting into stock; there was no immediate sale or cashless exercise reported. Grants like these are routine for executives and reflect compensation, not an open-market buy or sell.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-15+53,846→ 1,817,049 total - Award
Stock Option (Right to Buy)
[F3]2026-03-15+76,923→ 76,923 totalExercise: $5.32Exp: 2036-03-14→ Class A Common Stock (76,923 underlying)
- 22,543(indirect: See footnote)
Class A Common Stock
[F2]
Footnotes (3)
- [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 are held by Nicolas Jammet Revocable Trust U/T/A dated October 7, 2016.
- [F3]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.