secwatch.observer — SEC 8-K summary
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Issuer:     Sweetgreen, Inc. (SG)
CIK:        0001477815
Form:       8-K
Filed at:   2024-02-02T23:59:59+00:00
Accession:  0001628280-24-003091
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sweetgreen appoints Rossann Williams as COO, former Starbucks North America Retail President
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- Rossann Williams becomes COO effective Feb 5, 2024, overseeing Operations, Real Estate + Dev, and Supply Chain.
- Annual base salary of $500,000 with target bonus of 75% of base; equity grant of 300k options + 100k RSUs vesting over 4 years.
- Williams previously led ~16,000 Starbucks stores as President, North America Retail for over 18 years.
- Also eligible for $175,000 relocation stipend and severance if terminated without cause or resigns for good reason.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477815/000162828024003091/0001628280-24-003091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477815/000162828024003091/sg-20240131.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-003091

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer