CAVA (CAVA) CFO reports 2,204-share tax sell-to-cover and 234,338 shares held
Rhea-AI Filing Summary
CAVA GROUP, INC. Chief Financial Officer Tricia K. Tolivar reported a routine tax-related stock sale. On January 21, 2026, she sold 2,204 shares of Common Stock at a weighted average price of $67.41 per share to cover tax withholding obligations triggered by the vesting of restricted stock units. The company’s equity incentive plan requires these mandatory “sell to cover” transactions, so the sale was not a discretionary trade by the officer.
After this transaction, Tolivar directly beneficially owned 234,338 shares of Common Stock, which include unvested RSUs, and indirectly held 2,500 shares through her spouse. The sale price reflects a broker-handled block of 52,702 shares sold on behalf of multiple employees in mandatory tax-related transactions, with proceeds allocated to each participant on a pro rata basis.
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FAQ
What insider transaction did CAVA (CAVA) report for its CFO on January 21, 2026?
CAVA’s Chief Financial Officer Tricia K. Tolivar reported selling 2,204 shares of Common Stock on January 21, 2026. The transaction is coded as a sale and was carried out to satisfy tax withholding obligations related to the vesting of restricted stock units under the company’s equity incentive plans.
Was the CAVA CFO’s January 2026 stock sale a discretionary trade?
No. The footnotes state that the 2,204-share sale of Common Stock was mandated by the issuer’s equity incentive plans as a “sell to cover” transaction to fund tax withholding on vested RSUs, and therefore did not represent a discretionary trade by the reporting person.
At what price were the CAVA CFO’s shares sold in the Form 4 filing?
The Form 4 reports a weighted average price of $67.41 per share for the 2,204 shares sold. This reflects a broker-handled sale of 52,702 shares for multiple employees in mandatory “sell to cover” transactions, executed in multiple trades at prices ranging from $67.05 to $67.78, with proceeds allocated on a pro rata basis.
How many CAVA shares does the CFO beneficially own after the reported transaction?
Following the January 21, 2026 transaction, Chief Financial Officer Tricia K. Tolivar beneficially owned 234,338 shares of Common Stock directly, which the filing notes include unvested RSUs, and 2,500 shares indirectly, held by her spouse.
How are the spouse’s CAVA shares reported in this Form 4?
The Form 4 shows an indirect holding of 2,500 shares of Common Stock with the nature of ownership listed as “By Spouse”. A remark clarifies that the reporting person disclaims beneficial ownership of indirectly owned securities except to the extent of her pecuniary interest.
What do the Form 4 footnotes say about the CAVA CFO’s RSUs?
One of the footnotes states that the reported holdings include unvested RSUs. Another explains that the shares sold were required to cover tax withholding obligations from RSU vesting under the company’s equity incentive plans.