CAVA (CAVA) CAO gets 1,070 RSUs and sells 2,000 shares
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 2,000 shares ($171,080)
Net Sell
2 txns
Insider
Phillips Adam David
Role
Chief Accounting Officer
Sold
2,000 shs ($171K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,070 | $0.00 | -- |
| Sale | Common Stock | 2,000 | $85.54 | $171K |
Holdings After Transaction:
Common Stock — 11,505 shares (Direct)
Footnotes (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. Includes unvested RSUs
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.
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.
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.