STOCK TITAN

CAVA (CAVA) CAO gets 1,070 RSUs and sells 2,000 shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

CAVA GROUP, INC. Chief Accounting Officer Adam David Phillips reported mixed equity activity in the company’s stock. On February 26, 2026, he received a grant of 1,070 restricted stock units (RSUs) at no cost. These RSUs vest in three equal annual installments starting on January 24, 2027, contingent on his continued service, and each RSU converts into one share of common stock when settled.

On the same date, he executed an open-market sale of 2,000 shares of common stock at a price of $85.54 per share. After these transactions, he reported beneficial ownership of 9,505 shares of CAVA common stock, which the filing notes includes unvested RSUs.

Positive

  • None.

Negative

  • None.
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*
Phillips Adam David

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
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) 1,070 A $0 11,505(2) D
Common Stock 02/26/2026 S 2,000 D $85.54 9,505(2) D
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:
/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 insider transactions did CAVA (CAVA) report for Adam David Phillips?

CAVA’s Chief Accounting Officer Adam David Phillips reported two transactions: a grant of 1,070 restricted stock units at no cost and an open-market sale of 2,000 common shares on February 26, 2026, at $85.54 per share, with 9,505 shares owned afterward.

How many CAVA (CAVA) shares did the CAO sell and at what price?

Adam David Phillips sold 2,000 shares of CAVA common stock in an open-market transaction at $85.54 per share. This sale occurred on February 26, 2026, and was reported as a non-derivative transaction under code “S” for an open-market or private sale.

What is the structure of the RSU grant reported by CAVA (CAVA)?

The filing shows a grant of 1,070 restricted stock units to Adam David Phillips. These RSUs vest in three equal annual installments starting January 24, 2027, subject to his continued service, and each unit represents a contingent right to receive one share of CAVA common stock upon settlement.

How many CAVA (CAVA) shares does the CAO own after these transactions?

After the reported transactions, Adam David Phillips beneficially owns 9,505 shares of CAVA common stock. The filing specifies that this figure includes unvested restricted stock units, reflecting both his currently held shares and equity awards that have not yet fully vested.

What do the transaction codes A and S mean in the CAVA (CAVA) Form 4?

In this Form 4, code “A” denotes a grant, award, or other acquisition of 1,070 RSUs at no cost, while code “S” denotes a sale of 2,000 common shares in the open market or a private transaction. Both codes refer to non-derivative equity transactions.
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