CAVA officer sells 1,702 shares to cover RSU taxes
CAVA Group, Inc. Chief People Officer Costanza Kelly reported the sale of 1,702 shares of CAVA common stock on 01/21/2026 at a weighted average price of $67.41 per share.
Rhea-AI Filing Summary
CAVA Group, Inc. Chief People Officer Costanza Kelly reported the sale of 1,702 shares of CAVA common stock on 01/21/2026 at a weighted average price of $67.41 per share. These shares were sold automatically to cover tax withholding obligations triggered by the vesting of restricted stock units (RSUs) under the company’s equity incentive plans, and were not discretionary trades by the executive.
After this transaction, Kelly beneficially owned 120,846 shares of CAVA common stock, which the filing notes includes unvested RSUs.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,702 | $67.41 | $115K |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. Includes unvested RSUs.
FAQ
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What insider transaction did CAVA (CAVA) disclose in this Form 4?
Was the CAVA Form 4 sale part of a broader employee transaction?
What is Costanza Kelly’s role at CAVA Group, Inc.?
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