Artal International S.C.A. - Feb 27, 2024 Form 4 Insider Report for CAVA GROUP, INC. (CAVA)

Role
Director, 10%+ Owner
Signature
ARTAL INTERNATIONAL S.C.A.By: Artal International Management S.A., its Managing Partner By: /s/ Pierre Claudel Name: Pierre Claudel Title: Managing Director
Stock symbol
CAVA
Transactions as of
Feb 27, 2024
Transactions value $
-$187,600,000
Form type
4
Date filed
2/29/2024, 04:16 PM
Previous filing
Jun 22, 2023
Next filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAVA Common Stock Sale -$188M -3.5M -10.93% $53.60 28.5M Feb 27, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities are held directly by Artal International S.C.A. The managing partner of Artal International S.C.A. is Artal International Management S.A. The sole stockholder of Artal International Management S.A. is Artal Group S.A. The parent company of Artal Group S.A. is Westend S.A. The majority stockholder of Westend S.A. is Stichting Administratiekantoor Westend (the "Stichting"). Mr. Amaury Wittouck is the sole member of the board of the Stichting.
F2 (Continued from Footnote 1) Each of the Reporting Persons, other than Artal International S.C.A., disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.

Remarks:

For purposes of Section 16 of the Exchange Act, the Reporting Persons may be deemed to be directors by deputization of the Issuer by virtue of their representatives on the Issuer's board of directors.