Form 4 for CAVA CAVA GROUP, INC.
Accepted 2024-06-07 00:00:00 ET · period of report 2024-06-05 · accession 0001628280-24-027251 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2024-06-07 | 2024-06-05 | CAVA | SHAICH RONALD M | Dir | S - Sale | $87.25 | -1.32M | 0 | -100% | -$115.02M |
| 2024-06-07 | 2024-06-05 | CAVA | SHAICH RONALD M | Dir | S - Sale | $87.25 | -1.23M | 5,000 | -100% | -$107.49M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-05 | S | D | 653,477 | $87.25 | 0 | I By SGC Trust LLC | — | — | (F1) Cava Act III, LLC initiated pro-rata in-kind distributions of common stock, par value $0.001 ("Common Stock") of Cava Group, Inc. (the "Issuer") to its respective members on June 5, 2024, including distributions to Mr. Shaich and entities where Mr. Shaich serves as the investment manager with sole investment control. Represents the sale of Common Stock received in connection with such distributions, the receipt of which was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act. |
| 2 | Common | Common Stock | 2024-06-05 | S | D | 664,834 | $87.25 | 0 | I | — | — | (F1) Cava Act III, LLC initiated pro-rata in-kind distributions of common stock, par value $0.001 ("Common Stock") of Cava Group, Inc. (the "Issuer") to its respective members on June 5, 2024, including distributions to Mr. Shaich and entities where Mr. Shaich serves as the investment manager with sole investment control. Represents the sale of Common Stock received in connection with such distributions, the receipt of which was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act. |
| 3 | Common | Common Stock | 2024-06-05 | S | D | 1,231,979 | $87.25 | 5,000 | D By SC 2018 Trust LLC | — | — | (F1) Cava Act III, LLC initiated pro-rata in-kind distributions of common stock, par value $0.001 ("Common Stock") of Cava Group, Inc. (the "Issuer") to its respective members on June 5, 2024, including distributions to Mr. Shaich and entities where Mr. Shaich serves as the investment manager with sole investment control. Represents the sale of Common Stock received in connection with such distributions, the receipt of which was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act. (F2) Includes unvested restricted stock units. |