Filing Details

Accession Number:
0001628280-24-027251
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-06-07 16:00:15
Reporting Period:
2024-06-05
Accepted Time:
2024-06-07 16:00:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1639438 Cava Group Inc. CAVA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1034193 M Ronald Shaich C/O Cava Group, Inc.
14 Ridge Square Nw, Suite 500
Washington DC 20016
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-06-05 1,231,979 $87.25 5,000 No 4 S Direct
Common Stock Disposition 2024-06-05 653,477 $87.25 0 No 4 S Indirect By SC 2018 Trust LLC
Common Stock Disposition 2024-06-05 664,834 $87.25 0 No 4 S Indirect By SGC Trust LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Indirect By SC 2018 Trust LLC
No 4 S Indirect By SGC Trust LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,374,328 Indirect By Cava Act III, LLC
Common Stock 5,687,265 Indirect By Cava Act III Trust, LLC
Common Stock 83,306 Indirect By Act III Holdings, LLC
Footnotes
  1. Cava Act III, LLC initiated pro-rata in-kind distributions of common stock, par value $0.001 ("Common Stock") of Cava Group, Inc. (the "Issuer") to its respective members on June 5, 2024, including distributions to Mr. Shaich and entities where Mr. Shaich serves as the investment manager with sole investment control. Represents the sale of Common Stock received in connection with such distributions, the receipt of which was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
  2. Includes unvested restricted stock units.
  3. Balance reflects the in-kind distribution described in footnote (1) above.
  4. Represents Common Stock held by Cava Act III, LLC.
  5. Cava Act III Trust, LLC is managed by Ronald M. Shaich and Cava Act III, LLC is managed by Act III Management, LLC, which is controlled by Mr. Shaich. Act III Holdings, LLC is the controlling holder of each of Cava Act III, LLC and Cava Act III Trust, LLC. Act III Holdings, LLC is controlled by Mr. Shaich. Mr. Shaich disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, Mr. Shaich the beneficial owner of any securities reported herein.
  6. Represents Common Stock held by Cava Act III Trust, LLC.
  7. Represents Common Stock held by Act III Holdings, LLC received in the in-kind distribution described in footnote (1) above.