Brett Schulman - Aug 26, 2024 Form 4 Insider Report for CAVA GROUP, INC. (CAVA)

Role
CEO and President, Director
Signature
/s/ Kenneth Robert Bertram, as Attorney-in-Fact
Stock symbol
CAVA
Transactions as of
Aug 26, 2024
Transactions value $
-$25,277,277
Form type
4
Date filed
8/28/2024, 04:38 PM
Previous filing
Jun 18, 2024
Next filing
Dec 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAVA Common Stock Sale -$3.29M -26.5K -2.93% $124.17 878K Aug 26, 2024 Direct F1, F2
transaction CAVA Common Stock Sale -$12.1M -96.9K -11.04% $125.24 781K Aug 26, 2024 Direct F2, F3
transaction CAVA Common Stock Sale -$8.83M -70K -8.96% $126.26 711K Aug 26, 2024 Direct F2, F4
transaction CAVA Common Stock Sale -$1.03M -8.14K -1.15% $127.11 703K Aug 26, 2024 Direct F2, F5
transaction CAVA Common Stock Options Exercise $17.3K +13.5K +1.92% $1.28 716K Aug 27, 2024 Direct F2
holding CAVA Common Stock 57.5K Aug 26, 2024 By Spouse
holding CAVA Common Stock 683K Aug 26, 2024 By LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CAVA Stock Options (right to buy) Options Exercise $0 -13.5K -17.13% $0.00 65.3K Aug 27, 2024 Common Stock 13.5K $1.28 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.75 to $124.74, 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 (1) to this Form 4.
F2 Includes unvested restricted stock units.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.75 to $125.74, 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 (3) to this Form 4.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.76 to $126.75, 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.
F5 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.76 to $127.32, 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.
F6 All of the shares subject to this option are fully vested and exercisable as of the date hereof.

Remarks:

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, and the reporting person disclaims beneficial ownership of such securities except to the extent of the reporting person's pecuniary interest therein.