CAVA (NYSE) Form 144: Artal International plans sale of 3M shares

Rhea-AI Filing Summary

CAVA, Inc. reports a proposed sale of 3,000,000 shares of Common Stock via a Form 144 notice. The shares are held by Artal International S.C.A. and were acquired on 6/20/2023 by conversion of preferred stock; the proposed sale date shown is 12/05/2024. The submission names Morgan Stanley & Co. LLC as broker-dealer.

Insights

Securities Compliance Counsel

Form 144 notifies the SEC of an intended resale by a large holder; it is procedural, not a sale confirmation.

Form 144 is a regulatory notice that signals a selling holder intends to sell restricted or control securities under Rule 144. The filing lists 3,000,000 shares and identifies the broker-dealer; it does not itself report execution, pricing, or proceeds.

Confirmatory filings (broker reports or Form 4/Form 5 where applicable) and subsequent trade records will show whether and when sales occurred.

Capital Markets Analyst

The filing shows potential share overhang from a single large holder but contains no pricing or execution details.

The notice names a transfer from Artal International S.C.A. following a 6/20/2023 conversion; proposed sale quantity is 3,000,000 shares. Timing and proceeds are not provided in the excerpt.

Market impact depends on whether these shares are actually sold and how they are executed; subsequent trade disclosures would clarify realized volume.

Key Figures

Proposed shares to be sold: 3,000,000 shares Shares outstanding (excerpt): 272,970,000 Beneficial ownership (excerpt): 116,473,856 +4 more

7 metrics

Proposed shares to be sold 3,000,000 shares listed under Securities To Be Sold

Shares outstanding (excerpt) 272,970,000 appears in Securities Information

Beneficial ownership (excerpt) 116,473,856 appears in Securities Information

Acquisition date 6/20/2023 Artal acquired shares by conversion of preferred stock

Proposed sale date 12/05/2024 listed under Securities To Be Sold

Broker-dealer named Morgan Stanley & Co. LLC listed with securities information

Date appearing in excerpt 06/15/2026 appears in Securities Information line

Key Terms

Form 144, conversion of preferred stock, broker-dealer

3 terms

Form 144 regulatory

"listed as the filing type for a notice of proposed resale"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

conversion of preferred stock financial

"shares were acquired by Artal International S.C.A. on 6/20/2023 via conversion"

broker-dealer financial

"Morgan Stanley & Co. LLC named alongside securities information"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock, par value $0.0001 per share	Morgan Stanley & Co. LLC 1585 Broadway New York NY 10036	3000000	272970000	116473856	06/15/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock, par value $0.0001 per share	12/05/2024	Transfer from Artal International S.C.A., its sole stockholder, which shares were acquired by Artal International S.C.A. on 6/20/2023 via conversion of preferred stock.	Artal International S.C.A.			3000000	12/05/2024	See Nature of Acquisition Transaction

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does CAVA's Form 144 disclose about the sale?

It discloses a proposed resale of 3,000,000 shares of Common Stock by Artal International S.C.A. and names Morgan Stanley & Co. LLC as broker. The filing lists an acquisition date of 6/20/2023 and a proposed sale date of 12/05/2024.

Does the Form 144 confirm the shares were sold?

No, Form 144 is a notice of intent to sell restricted or control securities; it does not confirm execution. Actual sales, prices, and proceeds would appear in subsequent trade reports or broker confirmations.

Who is the selling party named in the filing for CAVA?

The filing identifies Artal International S.C.A. as the holder offering shares, noting the position resulted from conversion of preferred stock on 6/20/2023. The broker listed is Morgan Stanley & Co. LLC.

How many CAVA shares are referenced and what dates appear?

The filing references 3,000,000 shares to be sold, an acquisition date of 6/20/2023, and a proposed sale date of 12/05/2024. A separate date 06/15/2026 also appears in the excerpt.

Will this Form 144 automatically affect CAVA's share count or outstanding shares?

No. The notice reports an intended resale and does not change outstanding share counts. Any effect on outstanding shares would occur only if and when the listed shares are actually sold and recorded in market transactions.