Boardroom Alpha
Meeting calendar
SG · Annual meeting · Thursday, June 11, 2026

Sweetgreen Inc

9 nominees · 3 ballot items.

Elect nine directors; ratify Deloitte & Touche LLP as the independent registered public accounting firm for fiscal 2026; and approve, on a non-binding advisory basis, the compensation of the named executive officers (say-on-pay).

Market cap
$799M
1Y TSR
-39.4%
Board grade
C-
Record date
Apr 13, 2026
Filing
DEF 14A
Meeting concluded · Jun 11, 2026

Follow how the vote landed and what changed on Sweetgreen Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot3

  1. 1

    Election of Directors

    ManagementBoard: FOR

    Elect nine nominees to the Board of Directors to serve until the next annual meeting and their successors are duly elected and qualified.

  2. 2

    Ratification of the Selection of Deloitte & Touche LLP as Independent Registered Public Accounting Firm

    ManagementBoard: FOR

    Ratify the Audit Committee’s selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 27, 2026.

  3. 3

    Advisory Vote to Approve Executive Compensation (Say-on-Pay

    ManagementBoard: FOR

    Non-binding, advisory vote to approve the compensation of the named executive officers as disclosed in this proxy statement (the Compensation Discussion and Analysis, compensation tables, and narrative).

    More detail

    This proposal asks shareholders to cast a non-binding advisory vote to approve the Company’s disclosed executive compensation for the named executive officers (a “say-on-pay” vote). Management (the Compensation Committee and the Board) is seeking approval to reaffirm their compensation approach, which emphasizes pay-for-performance through a mix of base salary, an annual incentive tied to financial metrics (2025 used Same-Store Sales Change and Restaurant-Level Profit Margin), and long-term equity incentives (options, RSUs and, beginning in 2026, performance-based RSUs for the CEO). The Company frames the vote as advisory, noting prior strong shareholder support in 2025 and that the Board will consider the voting outcome when setting future pay; the vote frequency is annual by Board policy. Contextually, 2025 was a challenging year operationally — Same-Store Sales fell and Restaurant-Level Profit Margin declined — resulting in zero payouts under the 2025 annual bonus plan, which underscores the program’s performance sensitivity. The Compensation Committee is independent and uses an external consultant and a peer group to benchmark pay, and management emphasizes alignment with shareholder interests by paying bonuses in RSUs and emphasizing equity-based, performance-linked awards. The Board’s recommendation to vote FOR rests on the view that the compensation program balances retention needs with shareholder alignment, and that governance controls (committee oversight, clawbacks, stock ownership guidelines) mitigate risks. Investors evaluating the proposal should weigh the program’s demonstrated performance linkage (no 2025 payouts when targets missed), the substantial role of equity and option-based incentives, recent changes to strengthen performance linkage (e.g., CEO performance RSUs in 2026), and the Company’s communication that it will consider stockholder feedback in future compensation design. Given the advisory nature of the vote, a significant vote AGAINST would signal shareholder dissatisfaction and would likely prompt the Compensation Committee to engage with investors and potentially modify plan features; conversely, an affirmative vote sustains management’s current compensation framework while preserving the Committee’s discretion to adjust details going forward.

Director elections

Nominees on the ballot9

Independent
Tenure on this board
4.7 yrs
Also a director at
Warby Parker Inc (WRBY)
Independent
Tenure on this board
1.1 yrs
Also a director at
Mattel Inc (MAT)
Independent
Tenure on this board
4.7 yrs
Also a director at
Warby Parker Inc (WRBY)
Ownership

Top institutional holders10

Latest 13F quarter
1Woodson Capital Management, LP5.6%6,700,000$35M
2BAILLIE GIFFORD CO5.3%6,315,188$33M
3Neuberger Berman Group LLC4.9%5,854,091$26M
4Greenhouse Funds LLLP4.2%5,049,235$26M
5VANGUARD CAPITAL MANAGEMENT LLC3.6%4,312,376$22M
6FEDERATED HERMES, INC.3.1%3,733,900$19M
7MILLENNIUM MANAGEMENT LLC3.1%3,677,408$19M
8BlackRock, Inc.3.1%3,670,034$19M
9GOLDMAN SACHS GROUP INC3.0%3,603,796$19M
10BlackRock, Inc.2.7%3,176,868$16M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Sweetgreen Inc 2026 annual meeting?
Sweetgreen Inc (SG) holds its 2026 annual shareholder meeting on Thursday, June 11, 2026.
What is the record date for the Sweetgreen Inc 2026 meeting?
The record date for the Sweetgreen Inc 2026 meeting is Monday, April 13, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Sweetgreen Inc's 2026 meeting?
The board is presenting 9 director nominees at the Sweetgreen Inc 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Sweetgreen Inc 2026 meeting?
Shareholders will vote on 3 proposals at the Sweetgreen Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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