CAVA Group (NYSE: CAVA) CEO sells shares for RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CAVA Group, Inc. CEO and President Brett Schulman reported mandatory stock sales tied to tax withholding on vested RSUs. On January 27, 2026, he sold 3,006 CAVA common shares at $61.96 and 1,536 shares at $62.50 under the company’s automatic “sell to cover” program.
After these transactions, Schulman directly owned 802,783 common shares, which include unvested RSUs, and also had indirect ownership of additional shares held by his spouse, an LLC, and a daughter. The filing states these were not discretionary trades but required sales to satisfy tax obligations from RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,542 shares ($282,252)
Net Sell
5 txns
Insider
Schulman Brett
Role
CEO and President
Sold
4,542 shs ($282K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,006 | $61.96 | $186K |
| Sale | Common Stock | 1,536 | $62.50 | $96K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 804,319 shares (Direct);
Common Stock — 57,495 shares (Indirect, By Spouse)
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 31,092 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 $61.40 to $62.39, 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 (the "SEC"), 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. The price reported in column 4 represents the weighted average price of 15,886 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 $62.40 to $62.72, 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 SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4) to this Form 4.
FAQ
What insider transaction did CAVA (CAVA) report for its CEO?
CAVA reported that CEO Brett Schulman sold CAVA common stock to cover RSU tax withholding obligations. He sold 3,006 shares at $61.96 and 1,536 shares at $62.50 on January 27, 2026, under a mandatory “sell to cover” program.
Were Brett Schulman’s CAVA stock sales discretionary or automatic?
The reported stock sales were automatic, not discretionary. They were required to satisfy tax withholding obligations triggered by the vesting of restricted stock units, under CAVA’s equity incentive plan “sell to cover” election, rather than voluntary open-market selling by Schulman.
How are unvested RSUs reflected in the CAVA CEO’s reported holdings?
The Form 4 states that the total of 802,783 directly held CAVA common shares includes unvested RSUs. This means Schulman’s reported direct beneficial ownership figure combines both currently vested shares and RSUs that have been granted but not yet fully vested.