Cochran Jason Miles 4

4 · Sweetgreen, Inc. · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Sweetgreen (SG) COO Jason Cochran Receives RSU and Option Grants

What Happened

Jason Miles Cochran, Sweetgreen’s Chief Operating Officer, was granted two awards on March 15, 2026: 76,923 restricted stock units (RSUs) and a derivative award (stock options) covering 109,890 shares. Both grants are reported with a $0.00 acquisition price (standard for awards) and were disclosed on Form 4 filed March 17, 2026.
These are compensation awards (not open-market purchases or sales). There was no exercise or sale of shares reported — these are time‑based grants that will vest over multiple years according to the schedules below.

Key Details

Transaction date: 2026-03-15; Form 4 filed: 2026-03-17 (timely filing).
Award amounts: 76,923 RSUs (grant) and 109,890 shares (derivative/option grant). Reported acquisition price: $0.00.
Vesting (both grants measured from Feb 15, 2026):
- Year 1: 5% of the award vests in quarterly installments.
- Year 2: 7.5% vests in quarterly installments.
- Year 3: 12.5% vests in quarterly installments.
- Vesting is subject to continuous service through each vesting date (per footnotes F1 and F2).
Shares owned after the transactions are not specified in the provided excerpt of the filing.
The filing does not indicate any 10b5-1 plan, tax withholding withholding sale, or immediate cashless exercise.

Context

These awards are standard long-term incentive grants intended to retain and align executives with shareholder interests; they do not reflect an immediate buy or sell decision by the insider.
For retail investors, grants are informative about compensation and potential future dilution as awards vest and are settled, but they are not direct signals of the insider buying or selling stock today.

Form 4

Period: 2026-03-15

Chief Operating 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 total
Exercise: $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

1 file