SG - Sweetgreen Chief Development Officer Sold $64K In Company Stock | Benzinga
James McPhail, Chief Development Officer at Sweetgreen (NYSE:SG), reported a large insider sell on November 20, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that McPhail sold 6,349 shares of Sweetgreen. The total transaction amounted to $64,061.
Sweetgreen shares are trading down 0.2% at $9.88 at the time of this writing on Tuesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however an insider ...