David Bosserman - 25 Jun 2024 Form 4 Insider Report for CAVA GROUP, INC. (CAVA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Jun 2024, 16:10:44 UTC
Prior SEC filing
24 Jun 2024
Next SEC filing
28 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kenneth Robert Bertram, as Attorney-in-Fact

Key filing fact

David Bosserman filed Form 4 for CAVA GROUP, INC. (CAVA) on 27 Jun 2024.

Key facts

  • This page summarizes David Bosserman's Form 4 filing for CAVA GROUP, INC. (CAVA).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 27 Jun 2024, 16:10.

Change

  • Previous filing in this sequence was filed on 24 Jun 2024.
  • Current net transaction value: -$2,760,873.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CAVA transaction

Common Stock

Sale

Transaction value
$199,364
Shares
-2,200
Change %
-1.5%
Price
$90.62
Shares after
145,070
Date
25 Jun 2024
Ownership
Direct
Footnotes
F1, F2, F3
CAVA transaction

Common Stock

Sale

Transaction value
$1,051,638
Shares
-11,472
Change %
-7.9%
Price
$91.67
Shares after
133,598
Date
25 Jun 2024
Ownership
Direct
Footnotes
F1, F3, F4
CAVA transaction

Common Stock

Sale

Transaction value
$1,480,932
Shares
-16,017
Change %
-12%
Price
$92.46
Shares after
117,581
Date
25 Jun 2024
Ownership
Direct
Footnotes
F1, F3, F5
CAVA transaction

Common Stock

Sale

Transaction value
$28,939
Shares
-311
Change %
-0.26%
Price
$93.05
Shares after
117,270
Date
25 Jun 2024
Ownership
Direct
Footnotes
F1, F3, F6
CAVA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
30,000
Date
25 Jun 2024
Ownership
By Trust
Footnotes
F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 7 footnotes

Footnote F1

Transactions made pursuant to an agreement adopted on March 19, 2024, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The transactions reported on this Form 4 resulted in the completion of said agreement.

Footnote F2

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.97 to $90.91, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, 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.

Footnote F3

Includes unvested restricted stock units.

Footnote F4

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.02 to $91.98, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, 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.

Footnote F5

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.02 to $92.90, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, 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.

Footnote F6

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.02 to $93.08, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (6) to this Form 4.

Footnote F7

The reporting person states that this filing shall not be an admission that the reporting person is the beneficial owner of any of the securities reported herein as indirectly owned for the purposes of Section 16 or any other purpose, and the reporting person disclaims beneficial ownership of such securities.

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