Kenneth Robert Bertram - 14 Jun 2024 Form 4 Insider Report for CAVA GROUP, INC. (CAVA)

Role
CLO & Secretary
Signature
/s/ Kenneth Robert Bertram
Issuer symbol
CAVA
Transactions as of
14 Jun 2024
Net transactions value
-$645,367
Form type
4
Filing time
18 Jun 2024, 16:59:38 UTC
Previous filing
26 Jan 2024
Next filing
25 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAVA Common Stock Tax liability $145,147 -1,614 -2.2% $89.93 72,255 14 Jun 2024 Direct F1, F2
transaction CAVA Common Stock Sale $500,220 -5,250 -7.3% $95.28 67,005 18 Jun 2024 Direct F2, F3
holding CAVA Common Stock 1,500 14 Jun 2024 By Spouse
holding CAVA Common Stock 600 14 Jun 2024 By Son
holding CAVA Common Stock 195 14 Jun 2024 By Daughter
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock that have been withheld by the Issuer to satisfy the tax withholding obligations in connection with the net settlement of restricted stock units ("RSUs").
F2 Includes unvested RSUs.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.02 to $95.50, 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.

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.