v3.26.1
Pay vs Performance Disclosure
12 Months Ended
Dec. 28, 2025
USD ($)
$ / shares
Dec. 29, 2024
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 25, 2022
USD ($)
$ / shares
Dec. 26, 2021
USD ($)
$ / shares
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay Versus Performance Table
The following table sets forth additional compensation information of our Principal Executive Officer (“PEO”) and our non-PEO NEOs, along with total shareholder return (“TSR”), net income, and Same-Store Sales Change performance results, for our fiscal years ending in 2021, 2022, 2023, 2024, and 2025:
Year(1)
Summary
Compensation
Table Total for
PEO
($)
Compensation
Actually Paid
to PEO(2)(3)
($)
Average
Summary
Compensation
Table Total for
non-PEO NEOs
($)
Average
Compensation
Actually Paid
to non-PEO
NEOs(2)(3)
($)
Value of Initial Fixed
$100 Investment Based On:
Net Income
(Loss)
($)
Same-Store
Sales
Change(6)
(%)
Total
Shareholder
Return(5)
($)
Peer Group
Total
Shareholder
Return(5)
($)
2025
3,226,081
(36,146,134)(4)
2,925,944
(9,702,306)(4)
25
87
(134,065,000)
(7.9)
2024
910,550
52,279,549 (4)
2,173,466
9,187,848 (4)
116
103
(90,373,000)
6.2
2023
622,548
6,744,537 (4)
1,080,321
1,570,321 (4)
40
89
(113,384,000)
4.4
2022
350,144
(61,516,400)(4)
649,693
(5,807,584)(4)
32
76
(190,441,000)
13.1
2021
38,834,483
111,254,241 (4)
38,814,481
111,234,239 (4)
112
98
(153,175,000)
24.6
(1)
Our PEO and other NEOs included in the above compensation columns reflect the following:
Year
PEO
Non-PEOs
2025
Jonathan Neman
Jamie McConnell, Nicolas Jammet, Jason Cochran, Mitch Reback
2024
Jonathan Neman
Mitch Reback, Wouleta Ayele, Adrienne Gemperle, and Rossann Williams
2023
Jonathan Neman
Mitch Reback, Wouleta Ayele, Adrienne Gemperle, and Jim McPhail
2022
Jonathan Neman
Mitch Reback, Wouleta Ayele, Jim McPhail, and Daniel Shlossman
2021
Jonathan Neman
Nicolas Jammet and Nathaniel Ru
(2)
Except as described in footnote (3) below, fair value or change in fair value, as applicable, of equity awards in the “Compensation Actually Paid” columns was calculated in accordance with ASC Topic 718, and the valuation methods used to calculate the fair values did not materially differ from those disclosed at the time of grant.
(3)
For the portion of “Compensation Actually Paid” that represents compensation based on year-end stock prices, the following prices were used: for 2025, $6.97 (78% reduction from prior year): for 2024, $32.37 (186% increase from prior year), for 2023, $11.30 (28% increase from prior year); for 2022, $8.83 (72% reduction from prior year); and for 2021, $31.36 (304% increase from IPO date).
(4)
“Compensation Actually Paid” to our PEO (Jonathan Neman) and the average “Compensation Actually Paid” to our non-PEO NEOs in 2025, 2024, 2023, 2022, and 2021 reflect the following adjustments from total compensation reported in the Summary Compensation Table (in thousands):
 
2025
2024
2023
2022
2021
 
PEO
Average
Non-PEO
PEO
Average
Non-PEO
PEO
Average
Non-PEO
PEO
Average
Non-PEO
PEO
Average
Non-PEO
Total Reported in Summary Compensation Table (SCT)
$3,226,081
$2,925,944
$910,550
$2,173,466
$622,548
$1,080,321
$350,144
$649,693
$38,834,483
$38,814,481
Less, Value of Stock and Option Awards reported in SCT
($2,675,937)
($2,614,069)
$(1,445,702)
$(555,610)
$(240,953)
$(38,142,732)
$(38,142,732)
Plus, Year-End Fair Value of Awards Granted During Fiscal Year that are Unvested and Outstanding
$200,488
$968,450
$4,546,299
$612,484
$68,574
$77,526,763
$77,526,763
Plus, Change in Fair Value (from Prior Fiscal Year-End to Current Fiscal Year-End) of Prior Year Awards that are Outstanding and Unvested
($37,363,830)
($9,620,691)
$30,769,608
$1,937,709
$5,878,490
$232,898
$(57,677,180)
$(4,941,831)
$7,770,827
$7,770,827
Plus, Vesting Date Fair Value of Awards Granted During Fiscal Year and that Vested During Fiscal Year
$468,253
$96,181
$418,991
$28,967
$21,083
Plus, Change in Fair Value (from Prior Fiscal Year-End to Vesting Date) of Prior Year Awards that Vested During Fiscal Year
($1,190)
($815,842)
$20,599,391
$1,557,085
$243,499
$171,261
$(4,189,364)
$(1,364,150)
$25,264,900
$25,264,900
Less Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
($642,278)
Total Adjustments
($39,372,215)
($12,628,250)
$51,368,999
$7,014,382
$6,121,989
$490,000
$(61,866,544)
$(6,457,277)
$72,419,758
$72,419,758
“Compensation Actually Paid” for Fiscal Year
($36,146,134)
($9,702,306)
$52,279,549
$9,187,848
$6,744,537
$1,570,321
$(61,516,400)
$(5,807,584)
$111,254,241
$111,234,239
(5)
Peer group TSR reflects the S&P 600 Restaurants Index as reflected in our 2025 Form 10-K pursuant to Item 201(e) of Regulation S-K. Each year reflects what the cumulative value of $100 would be, including reinvestment of dividends, if such amount were invested on our IPO date of November 19, 2021 through the last day of the fiscal year presented.
(6)
As required by Item 402(v) of Regulation S-K, we have determined that Same-Store Sales Change is the Company-Selected Measure, the calculation of which is described in our Annual Report on Form 10-K for the year ended December 28, 2025. Same-Store Sales Change may not have been the most important financial performance measure for years prior to 2025 and we may determine a different financial performance measure to be the most important financial performance measure in future years.
       
Company Selected Measure Name Same-Store Sales Change        
Named Executive Officers, Footnote
(1)
Our PEO and other NEOs included in the above compensation columns reflect the following:
Year
PEO
Non-PEOs
2025
Jonathan Neman
Jamie McConnell, Nicolas Jammet, Jason Cochran, Mitch Reback
2024
Jonathan Neman
Mitch Reback, Wouleta Ayele, Adrienne Gemperle, and Rossann Williams
2023
Jonathan Neman
Mitch Reback, Wouleta Ayele, Adrienne Gemperle, and Jim McPhail
2022
Jonathan Neman
Mitch Reback, Wouleta Ayele, Jim McPhail, and Daniel Shlossman
2021
Jonathan Neman
Nicolas Jammet and Nathaniel Ru
       
Peer Group Issuers, Footnote
(5)
Peer group TSR reflects the S&P 600 Restaurants Index as reflected in our 2025 Form 10-K pursuant to Item 201(e) of Regulation S-K. Each year reflects what the cumulative value of $100 would be, including reinvestment of dividends, if such amount were invested on our IPO date of November 19, 2021 through the last day of the fiscal year presented.
       
PEO Total Compensation Amount $ 3,226,081 $ 910,550 $ 622,548 $ 350,144 $ 38,834,483
PEO Actually Paid Compensation Amount $ (36,146,134) 52,279,549 6,744,537 (61,516,400) 111,254,241
Adjustment To PEO Compensation, Footnote
(4)
“Compensation Actually Paid” to our PEO (Jonathan Neman) and the average “Compensation Actually Paid” to our non-PEO NEOs in 2025, 2024, 2023, 2022, and 2021 reflect the following adjustments from total compensation reported in the Summary Compensation Table (in thousands):
 
2025
2024
2023
2022
2021
 
PEO
Average
Non-PEO
PEO
Average
Non-PEO
PEO
Average
Non-PEO
PEO
Average
Non-PEO
PEO
Average
Non-PEO
Total Reported in Summary Compensation Table (SCT)
$3,226,081
$2,925,944
$910,550
$2,173,466
$622,548
$1,080,321
$350,144
$649,693
$38,834,483
$38,814,481
Less, Value of Stock and Option Awards reported in SCT
($2,675,937)
($2,614,069)
$(1,445,702)
$(555,610)
$(240,953)
$(38,142,732)
$(38,142,732)
Plus, Year-End Fair Value of Awards Granted During Fiscal Year that are Unvested and Outstanding
$200,488
$968,450
$4,546,299
$612,484
$68,574
$77,526,763
$77,526,763
Plus, Change in Fair Value (from Prior Fiscal Year-End to Current Fiscal Year-End) of Prior Year Awards that are Outstanding and Unvested
($37,363,830)
($9,620,691)
$30,769,608
$1,937,709
$5,878,490
$232,898
$(57,677,180)
$(4,941,831)
$7,770,827
$7,770,827
Plus, Vesting Date Fair Value of Awards Granted During Fiscal Year and that Vested During Fiscal Year
$468,253
$96,181
$418,991
$28,967
$21,083
Plus, Change in Fair Value (from Prior Fiscal Year-End to Vesting Date) of Prior Year Awards that Vested During Fiscal Year
($1,190)
($815,842)
$20,599,391
$1,557,085
$243,499
$171,261
$(4,189,364)
$(1,364,150)
$25,264,900
$25,264,900
Less Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
($642,278)
Total Adjustments
($39,372,215)
($12,628,250)
$51,368,999
$7,014,382
$6,121,989
$490,000
$(61,866,544)
$(6,457,277)
$72,419,758
$72,419,758
“Compensation Actually Paid” for Fiscal Year
($36,146,134)
($9,702,306)
$52,279,549
$9,187,848
$6,744,537
$1,570,321
$(61,516,400)
$(5,807,584)
$111,254,241
$111,234,239
       
Non-PEO NEO Average Total Compensation Amount $ 2,925,944 2,173,466 1,080,321 649,693 38,814,481
Non-PEO NEO Average Compensation Actually Paid Amount $ (9,702,306) 9,187,848 1,570,321 (5,807,584) 111,234,239
Adjustment to Non-PEO NEO Compensation Footnote
(4)
“Compensation Actually Paid” to our PEO (Jonathan Neman) and the average “Compensation Actually Paid” to our non-PEO NEOs in 2025, 2024, 2023, 2022, and 2021 reflect the following adjustments from total compensation reported in the Summary Compensation Table (in thousands):
 
2025
2024
2023
2022
2021
 
PEO
Average
Non-PEO
PEO
Average
Non-PEO
PEO
Average
Non-PEO
PEO
Average
Non-PEO
PEO
Average
Non-PEO
Total Reported in Summary Compensation Table (SCT)
$3,226,081
$2,925,944
$910,550
$2,173,466
$622,548
$1,080,321
$350,144
$649,693
$38,834,483
$38,814,481
Less, Value of Stock and Option Awards reported in SCT
($2,675,937)
($2,614,069)
$(1,445,702)
$(555,610)
$(240,953)
$(38,142,732)
$(38,142,732)
Plus, Year-End Fair Value of Awards Granted During Fiscal Year that are Unvested and Outstanding
$200,488
$968,450
$4,546,299
$612,484
$68,574
$77,526,763
$77,526,763
Plus, Change in Fair Value (from Prior Fiscal Year-End to Current Fiscal Year-End) of Prior Year Awards that are Outstanding and Unvested
($37,363,830)
($9,620,691)
$30,769,608
$1,937,709
$5,878,490
$232,898
$(57,677,180)
$(4,941,831)
$7,770,827
$7,770,827
Plus, Vesting Date Fair Value of Awards Granted During Fiscal Year and that Vested During Fiscal Year
$468,253
$96,181
$418,991
$28,967
$21,083
Plus, Change in Fair Value (from Prior Fiscal Year-End to Vesting Date) of Prior Year Awards that Vested During Fiscal Year
($1,190)
($815,842)
$20,599,391
$1,557,085
$243,499
$171,261
$(4,189,364)
$(1,364,150)
$25,264,900
$25,264,900
Less Prior Year Fair Value of Prior Year Awards that Failed to Vest this Year
($642,278)
Total Adjustments
($39,372,215)
($12,628,250)
$51,368,999
$7,014,382
$6,121,989
$490,000
$(61,866,544)
$(6,457,277)
$72,419,758
$72,419,758
“Compensation Actually Paid” for Fiscal Year
($36,146,134)
($9,702,306)
$52,279,549
$9,187,848
$6,744,537
$1,570,321
$(61,516,400)
$(5,807,584)
$111,254,241
$111,234,239
       
Compensation Actually Paid vs. Total Shareholder Return
Note: Sweetgreen’s TSR was not available in 2020.
       
Compensation Actually Paid vs. Net Income        
Compensation Actually Paid vs. Company Selected Measure        
Total Shareholder Return Vs Peer Group
Note: Sweetgreen’s TSR was not available in 2020.
       
Tabular List, Table
Most Important Financial Performance Measures to Link Compensation Actually Paid
to Performance
The following performance measures reflect the Company’s most important performance measures in effect for fiscal year 2025:
Same-Store Sales Change
Restaurant-Level Profit Margin
Sweetgreen stock price performance
       
Total Shareholder Return Amount $ 25 116 40 32 112
Peer Group Total Shareholder Return Amount 87 103 89 76 98
Net Income (Loss) $ (134,065,000) $ (90,373,000) $ (113,384,000) $ (190,441,000) $ (153,175,000)
Company Selected Measure Amount (0.079) 0.062 0.044 0.131 0.246
PEO Name Jonathan Neman Jonathan Neman Jonathan Neman Jonathan Neman Jonathan Neman
Share Price | $ / shares $ 6.97 $ 32.37 $ 11.3 $ 8.83 $ 31.36
Increase (Decrease) from Prior Year Share Price Percentage (78.00%) 186.00% 28.00% (72.00%) 304.00%
Measure:: 1          
Pay vs Performance Disclosure          
Name Same-Store Sales Change        
Measure:: 2          
Pay vs Performance Disclosure          
Name Restaurant-Level Profit Margin        
Measure:: 3          
Pay vs Performance Disclosure          
Name Sweetgreen stock price performance        
PEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (39,372,215) $ 51,368,999 $ 6,121,989 $ (61,866,544) $ 72,419,758
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,675,937) 0 0 0 (38,142,732)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 200,488 0 0 0 77,526,763
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (37,363,830) 30,769,608 5,878,490 (57,677,180) 7,770,827
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 468,253 0 0 0 0
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,190) 20,599,391 243,499 (4,189,364) 25,264,900
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (12,628,250) 7,014,382 490,000 (6,457,277) 72,419,758
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,614,069) (1,445,702) (555,610) (240,953) (38,142,732)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 968,450 4,546,299 612,484 68,574 77,526,763
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (9,620,691) 1,937,709 232,898 (4,941,831) 7,770,827
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 96,181 418,991 28,967 21,083 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (815,842) 1,557,085 171,261 (1,364,150) 25,264,900
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (642,278) $ 0 $ 0 $ 0 $ 0