4//SEC Filing
Xenohristos Theodoros 4
Accession 0001628280-25-002983
CIK 0001639438other
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 4:00 PM ET
Size
10.6 KB
Accession
0001628280-25-002983
Insider Transaction Report
Form 4
CAVA GROUP, INC.CAVA
Xenohristos Theodoros
DirectorChief Concept Officer
Transactions
- Sale
Common Stock
2025-01-27$125.12/sh−129$16,140→ 358,410 total - Sale
Common Stock
2025-01-27$123.47/sh−129$15,928→ 358,866 total - Sale
Common Stock
2025-01-27$124.47/sh−327$40,702→ 358,539 total
Footnotes (5)
- [F1]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.
- [F2]The price reported in column 4 represents the weighted average price of 8,413 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 $122.85 to $123.81, 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.
- [F3]Includes unvested RSUs.
- [F4]The price reported in column 4 represents the weighted average price of 21,393 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 $123.89 to $124.88, 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.
- [F5]The price reported in column 4 represents the weighted average price of 8,397 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 $124.89 to $125.69, 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 (5) to this Form 4.
Documents
Issuer
CAVA GROUP, INC.
CIK 0001639438
Entity typeother
Related Parties
1- filerCIK 0001966363
Filing Metadata
- Form type
- 4
- Filed
- Jan 28, 7:00 PM ET
- Accepted
- Jan 29, 4:00 PM ET
- Size
- 10.6 KB