Director Burrows Clifford purchases initial 19,200 shares of SG at $13.11 as stock down -69.3% from 52-week high.
Burrows Clifford, a director at unprofitable Sweetgreen, made an initial purchase of 19,200 shares at $13.11 on 2025-05-23, establishing a position from zero. The timing is notable: the stock has fallen -69.3% from its 52-week high of $43.97 and declined -29.9% in the prior 30 days. The company generated $166.3M in quarterly revenue with +15.9% annual growth but reported a negative net income of -$25.0M over its most recent full fiscal year. This buy at a depressed valuation level by a board member—especially a first entry into the stock—represents director conviction at a low point in the stock's recent trading range, though the underlying unprofitability context underscores execution risk in the business model.