4//SEC Filing
Phillips Adam David 4
Accession 0001628280-25-032126
CIK 0001639438other
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 4:20 PM ET
Size
8.3 KB
Accession
0001628280-25-032126
Insider Transaction Report
Form 4
CAVA GROUP, INC.CAVA
Phillips Adam David
Chief Accounting Officer
Transactions
- Sale
Common Stock
2025-06-16$76.11/sh−126$9,590→ 11,063 total - Sale
Common Stock
2025-06-16$74.96/sh−613$45,950→ 11,189 total
Footnotes (4)
- [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 65,026 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 $74.58 to $75.55, 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 13,402 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 $75.58 to $76.52, 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.
Documents
Issuer
CAVA GROUP, INC.
CIK 0001639438
Entity typeother
Related Parties
1- filerCIK 0001966224
Filing Metadata
- Form type
- 4
- Filed
- Jun 17, 8:00 PM ET
- Accepted
- Jun 18, 4:20 PM ET
- Size
- 8.3 KB