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CAVA (CAVA) CEO Brett Schulman receives 29,060-share RSU equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CAVA GROUP, INC. CEO and President Brett Schulman reported an award of 29,060 shares of common stock in the form of restricted stock units (RSUs) on February 26, 2026. The award was granted at a price of $0.00 per share as equity compensation.

According to the filing, these RSUs vest in three equal annual installments starting on January 24, 2027, as long as Schulman continues to serve the company through each vesting date. Each RSU converts into one share of CAVA common stock when it settles, increasing his direct and indirect equity-based alignment with shareholders.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Schulman Brett

(Last) (First) (Middle)
C/O CAVA GROUP, INC.
14 RIDGE SQUARE NW, SUITE 500

(Street)
WASHINGTON DC 20016

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CAVA GROUP, INC. [ CAVA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/26/2026 A(1) 29,060 A $0 831,843(2) D
Common Stock 57,495 I By Spouse
Common Stock 682,710 I By LLC
Common Stock 150 I By Daughter
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects a grant of restricted stock units ("RSUs"), which vest in three equal annual installments commencing on January 24, 2027, subject to the reporting person's continued service through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 ("Common Stock") per share upon settlement.
2. Includes unvested RSUs.
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.
/s/ Amit Patel, as Attorney-in-Fact 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did CAVA (CAVA) CEO Brett Schulman report in this Form 4?

Brett Schulman reported receiving an award of 29,060 restricted stock units of CAVA common stock. The equity grant was recorded at a price of $0.00 per share and represents stock-based compensation that will convert into shares as the units vest over time.

How do the 29,060 RSUs granted to CAVA CEO Brett Schulman vest?

The 29,060 RSUs vest in three equal annual installments beginning January 24, 2027. Vesting is conditioned on Schulman’s continued service with CAVA through each vesting date, meaning he receives one-third of the units each year as they vest and settle.

What does each RSU granted to the CAVA CEO represent?

Each RSU represents a contingent right to receive one share of CAVA common stock upon settlement. The units do not become actual shares until they vest and settle, linking the CEO’s potential stock ownership to future service and the vesting schedule described in the filing.

What is Brett Schulman’s direct CAVA share balance after this RSU grant?

After the award, Schulman directly holds 831,843 shares of CAVA common stock, including unvested RSUs. This figure reflects his direct beneficial ownership following the February 26, 2026 transaction and incorporates previously granted but still unvested restricted stock units.

What indirect CAVA holdings related to Brett Schulman are reported?

The filing shows indirect holdings of CAVA common stock by Schulman’s spouse, an LLC, and his daughter. Totals reported are 57,495 shares by spouse, 682,710 shares by an LLC, and 150 shares by his daughter, indicating family- and entity-related ownership interests.

Did Brett Schulman buy or sell CAVA shares on the open market in this filing?

The filing does not report any open-market purchases or sales. Instead, it shows an acquisition coded as a grant or award of 29,060 RSUs at $0.00 per share, reflecting stock-based compensation rather than a traditional market buy or sell transaction.
Cava Group, Inc.

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