Brett Schulman - 16 Jun 2025 Form 4 Insider Report for CAVA GROUP, INC. (CAVA)

Signature
/s/ Kenneth Robert Bertram, as Attorney-in-Fact
Issuer symbol
CAVA
Transactions as of
16 Jun 2025
Transactions value $
-$2,394,154
Form type
4
Filing time
18 Jun 2025, 16:20:16 UTC
Previous filing
04 Mar 2025
Next filing
12 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Schulman Brett CEO and President, Director C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON /s/ Kenneth Robert Bertram, as Attorney-in-Fact 18 Jun 2025 0001966359

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAVA Common Stock Sale -$1.98M -26.4K -3.21% $74.96 798K 16 Jun 2025 Direct F1, F2, F3
transaction CAVA Common Stock Sale -$412K -5.42K -0.68% $76.11 792K 16 Jun 2025 Direct F1, F3, F4
holding CAVA Common Stock 57.5K 16 Jun 2025 By Spouse
holding CAVA Common Stock 683K 16 Jun 2025 By LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares of Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
F2 The price reported in column 4 represents the weighted average price of 65,026 shares of Common Stock sold by the broker on behalf of employees of the Issuer as a result of mandatory sell to cover transactions associated with the vesting of RSUs. These shares were sold in multiple transactions at prices ranging from $74.58 to $75.55, inclusive. The proceeds of all such sales were allocated to the employees, including the Reporting Person, on a pro rata basis. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), 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.
F3 Includes unvested RSUs.
F4 The price reported in column 4 represents the weighted average price of 13,402 shares of Common Stock sold by the broker on behalf of employees of the Issuer as a result of mandatory sell to cover transactions associated with the vesting of RSUs. These shares were sold in multiple transactions at prices ranging from $75.58 to $76.52, inclusive. The proceeds of all such sales were allocated to the employees, including the Reporting Person, on a pro rata basis. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the SEC, 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.

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.