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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,204 | $67.41 | $149K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The sales reported on this Form 4 represent shares of Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person. The price reported in column 4 represents the weighted average price of 52,702 shares of Common Stock sold by the broker on behalf of employees of the Issuer as a result of mandatory sell to cover transactions associated with the vesting of RSUs. These shares were sold in multiple transactions at prices ranging from $67.05 to $67.78, inclusive. The proceeds of all such sales were allocated to the employees, including the Reporting Person, on a pro rata basis. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4. Includes unvested RSUs.
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.
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.