Filing Details

Accession Number:
0001628280-25-000593
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-01-06 16:28:01
Reporting Period:
2025-01-02
Accepted Time:
2025-01-06 16:28:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1639438 Cava Group Inc. CAVA Retail-Eating Places (5812) 473426661
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1966359 Brett Schulman C/O Cava Group, Inc.
14 Ridge Square Nw, Suite 500
Washington DC 20016
Ceo And President Yes Yes 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 2025-01-02 13,077 $114.89 798,070 No 4 S Direct
Common Stock Disposition 2025-01-02 1,137 $115.45 796,933 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 57,495 Indirect By Spouse
Common Stock 682,710 Indirect By LLC
Footnotes
  1. The sales reported on this Form 4 represent shares of Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
  2. The price reported in column 4 represents the weighted average price of 50,539 shares of Common Stock sold by the broker on behalf of employees of the Issuer as a result of mandatory sell to cover transactions associated with the vesting of RSUs. These shares were sold in multiple transactions at prices ranging from $114.33 to $115.31, inclusive. The proceeds of all such sales were allocated to the employees, including the Reporting Person, on a pro rata basis. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
  3. Includes unvested RSUs.
  4. The price reported in column 4 representes the weighted average price of 4,286 shares of Common Stock sold by the broker on behalf of employees of the Issuer as a result of mandatory sell to cover transactions associated with the vesting of RSUs. These shares were sold in multiple transactions at prices ranging from $115.33 to $115.68, inclusive. The proceeds of all such sales were allocated to the employees, including the Reporting Person, on a pro rata basis. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4) to this Form 4.