CAVA Chief Accounting Officer Buys $9,253 in Stock Through Employee Plan
CAVA Group Chief Accounting Officer Adam David Phillips reported the acquisition of 146 shares of common stock at $63.38 per share through the company's Employee Stock Purchase Plan (ESPP) on June 16, 2025.
Rhea-AI Filing Summary
CAVA Group Chief Accounting Officer Adam David Phillips reported the acquisition of 146 shares of common stock at $63.38 per share through the company's Employee Stock Purchase Plan (ESPP) on June 16, 2025. The purchase price represents 85% of the closing price on June 13, 2025, as per ESPP terms.
Following this transaction, Phillips beneficially owns 11,209 shares directly, which includes unvested restricted stock units. The shares were acquired under Rule 16b-3 exempt transactions for the ESPP purchase period spanning December 16, 2024, through June 15, 2025.
Key Transaction Details:
- Transaction Type: ESPP Purchase
- Share Price: $63.38 (15% discount to market)
- Ownership: Direct
- Filing Date: June 28, 2025
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 146 | $63.38 | $9K |
Footnotes (3)
- F1. Shares purchased pursuant to the CAVA Group, Inc. 2023 Employee Stock Purchase Plan ("ESPP") in transactions that were exempt under Rule 16b-3, for the ESPP purchase period of December 16, 2024 through June 15, 2025.
- F2. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on June 13, 2025.
- F3. Includes unvested restricted stock units.
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