CAVA (CAVA) CEO Brett Schulman sells 21,650 shares in tax sell-to-cover
Rhea-AI Filing Summary
CAVA Group CEO and President Brett Schulman reported an automatic sale of Common Stock tied to equity compensation. On 01/21/2026, he sold 21,650 shares of CAVA Common Stock at a weighted average price of $67.41 per share, coded as an "S" transaction.
According to the footnotes, these shares were required to be sold to cover tax withholding obligations upon the vesting of restricted stock units (RSUs) under the company’s equity incentive plans, and the sale did not represent discretionary trading by Schulman. The reported price reflects the weighted average for 52,702 shares sold by a broker on behalf of multiple employees in mandatory sell-to-cover transactions.
After this transaction, Schulman beneficially owned 807,325 shares directly, which includes unvested RSUs, plus additional indirect holdings of 57,495 shares by spouse, 682,710 shares by an LLC, and 150 shares by daughter, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
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