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: | | | | | | | | | | | | | | | | | | | | | | | | | 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: |
| | | | | | | | | | 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): |
| | | | | | | | | | | | | | | | | | | 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: |
| | | | | | | | | | 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): |
| | | | | | | | | | | | | | | | | | | 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): |
| | | | | | | | | | | | | | | | | | | 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: • | 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
|