CAVA CPO sells 31,803 shares after option exercise

Accepted by SEC EDGAR 03/02/2026 - 04:35 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

CAVA GROUP, INC. Chief People Officer Kelly Costanza reported multiple equity transactions on February 26, 2026. She exercised stock options for 31,803 shares of common stock at $6.75 per share and then sold 31,803 shares at an average price of $84.45 per share in open-market transactions.

Costanza also received a grant of 4,721 restricted stock units (RSUs), which vest in three equal annual installments starting on January 24, 2027, subject to continued service. After these transactions, she directly held 123,860 shares of CAVA common stock, a figure that includes unvested RSUs.

Insider Trade Summary

Exercise and Sale: 31,803 shares ($2.47M approx. pre-tax spread)

Exercise and Sale 4 txns

Insider Costanza Kelly

Role Chief People Officer

Sold 31,803 shs ($2.69M)

Approx. gross sale proceeds $2.69M

Approx. exercise cost $215K

Approx. pre-tax spread $2.47M

Type	Security	Shares	Price	Value
Exercise	Stock Options (right to buy)	31,803	$0.00	$0.00
Grant/Award	Common Stock	4,721	$0.00	$0.00
Exercise	Common Stock	31,803	$6.75	$215K
Sale	Common Stock	31,803	$84.45	$2.69M

Holdings After Transaction: Stock Options (right to buy) — 0 contracts (Direct); Common Stock — 123,860 shares (Direct)

Footnotes (3)

1. F1. Reflects a grant of restricted stock units ("RSUs"), which vest in three equal annual installments commencing on January 24, 2027, subject to the reporting person's continued service through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 ("Common Stock") per share upon settlement.
2. F2. Includes unvested RSUs.
3. F3. All of the shares subject to this option are fully vested and exercisable as of the date hereof.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did CAVA (CAVA) report for Kelly Costanza?

CAVA reported that Chief People Officer Kelly Costanza exercised options for 31,803 shares, sold 31,803 shares at $84.45, and received 4,721 RSUs. Following these moves, she directly held 123,860 CAVA common shares, including unvested RSUs.

How many CAVA (CAVA) shares did Kelly Costanza sell and at what price?

Kelly Costanza sold 31,803 shares of CAVA common stock at an average price of $84.45 per share. These shares came from an option exercise the same day, converting options into common stock before the reported open-market sale.

What stock option exercise did Kelly Costanza report at CAVA (CAVA)?

She exercised options covering 31,803 shares of CAVA common stock at an exercise price of $6.75 per share. The filing notes all option shares were fully vested and exercisable as of the transaction date before being converted into common stock.

What restricted stock units did Kelly Costanza receive from CAVA (CAVA)?

Kelly Costanza received a grant of 4,721 RSUs, each representing one CAVA common share upon settlement. The RSUs vest in three equal annual installments starting on January 24, 2027, contingent on her continued service with the company through those vesting dates.

How many CAVA (CAVA) shares does Kelly Costanza own after these transactions?

After the reported transactions, Kelly Costanza directly owned 123,860 shares of CAVA common stock. This total includes unvested restricted stock units, meaning not all of these shares are fully vested yet, as indicated in the Form 4 footnotes.

Are Kelly Costanza’s CAVA (CAVA) RSUs immediately vested?

No. The 4,721 RSUs granted to Kelly Costanza vest in three equal annual installments beginning on January 24, 2027. Each vested RSU entitles her to receive one share of CAVA common stock upon settlement, assuming continued service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Costanza Kelly

(Last) (First) (Middle)

C/O CAVA GROUP, INC.

14 RIDGE SQUARE NW, SUITE 500

(Street)

WASHINGTON DC 20016

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CAVA GROUP, INC. [ CAVA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief People Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/26/2026		A(1)		4,721	A	$0	123,860(2)	D
Common Stock	02/26/2026		M		31,803	A	$6.75	155,663(2)	D
Common Stock	02/26/2026		S		31,803	D	$84.45	123,860(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (right to buy)	$6.75	02/26/2026		M			31,803	(3)	05/10/2032	Common Stock	31,803	$0	0	D

Explanation of Responses:

1. Reflects a grant of restricted stock units ("RSUs"), which vest in three equal annual installments commencing on January 24, 2027, subject to the reporting person's continued service through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 ("Common Stock") per share upon settlement.

2. Includes unvested RSUs.

3. All of the shares subject to this option are fully vested and exercisable as of the date hereof.

Remarks:

	/s/ Amit Patel, as Attorney-in-Fact	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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