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[Form 4] CAVA Group, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
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

Adam David Phillips, Chief Accounting Officer del Gruppo CAVA, ha comunicato l'acquisto di 146 azioni ordinarie al prezzo di 63,38 $ ciascuna tramite il Piano di Acquisto Azionario per Dipendenti (ESPP) della società, avvenuto il 16 giugno 2025. Il prezzo di acquisto corrisponde all'85% del prezzo di chiusura del 13 giugno 2025, in conformità con i termini dell'ESPP.

Dopo questa operazione, Phillips detiene direttamente in modo beneficiario 11.209 azioni, comprensive di unità azionarie vincolate non ancora maturate. Le azioni sono state acquisite nell'ambito di transazioni esenti ai sensi della Regola 16b-3 per il periodo di acquisto ESPP dal 16 dicembre 2024 al 15 giugno 2025.

Dettagli principali della transazione:

  • Tipo di transazione: Acquisto ESPP
  • Prezzo per azione: 63,38 $ (sconto del 15% rispetto al mercato)
  • Proprietà: Diretta
  • Data di deposito: 28 giugno 2025

Adam David Phillips, Director de Contabilidad del Grupo CAVA, informó la adquisición de 146 acciones ordinarias a $63.38 por acción a través del Plan de Compra de Acciones para Empleados (ESPP) de la empresa el 16 de junio de 2025. El precio de compra representa el 85% del precio de cierre del 13 de junio de 2025, según los términos del ESPP.

Tras esta transacción, Phillips posee de forma directa y beneficiaria 11,209 acciones, incluyendo unidades restringidas de acciones no devengadas. Las acciones fueron adquiridas bajo transacciones exentas conforme a la Regla 16b-3 para el período de compra ESPP que abarca del 16 de diciembre de 2024 al 15 de junio de 2025.

Detalles clave de la transacción:

  • Tipo de transacción: Compra ESPP
  • Precio por acción: $63.38 (15% de descuento respecto al mercado)
  • Propiedad: Directa
  • Fecha de presentación: 28 de junio de 2025

CAVA 그룹의 최고회계책임자(CAO)인 Adam David Phillips가 2025년 6월 16일 회사의 직원 주식 구매 계획(ESPP)을 통해 146주의 보통주를 주당 $63.38에 취득했다고 보고했습니다. 구매 가격은 2025년 6월 13일 종가의 85%에 해당하며, 이는 ESPP 조건에 따른 것입니다.

이번 거래 이후 Phillips는 미확정 제한 주식 단위를 포함하여 직접 11,209주를 실질적으로 보유하고 있습니다. 해당 주식은 2024년 12월 16일부터 2025년 6월 15일까지의 ESPP 구매 기간 동안 Rule 16b-3 면제 거래로 취득되었습니다.

주요 거래 내역:

  • 거래 유형: ESPP 구매
  • 주당 가격: $63.38 (시장가 대비 15% 할인)
  • 소유 형태: 직접 소유
  • 신고일: 2025년 6월 28일

Adam David Phillips, Directeur Comptable du Groupe CAVA, a déclaré l'acquisition de 146 actions ordinaires au prix de 63,38 $ par action via le Plan d'Achat d'Actions des Employés (ESPP) de l'entreprise le 16 juin 2025. Le prix d'achat représente 85 % du cours de clôture du 13 juin 2025, conformément aux termes de l'ESPP.

Suite à cette transaction, Phillips détient directement à titre bénéficiaire 11 209 actions, incluant des unités d'actions restreintes non acquises. Les actions ont été acquises dans le cadre de transactions exemptées selon la Règle 16b-3 pour la période d'achat ESPP allant du 16 décembre 2024 au 15 juin 2025.

Détails clés de la transaction :

  • Type de transaction : Achat ESPP
  • Prix par action : 63,38 $ (15 % de réduction par rapport au marché)
  • Propriété : Directe
  • Date de dépôt : 28 juin 2025

Adam David Phillips, Chief Accounting Officer der CAVA Gruppe, meldete den Erwerb von 146 Stammaktien zum Preis von 63,38 $ pro Aktie über den Employee Stock Purchase Plan (ESPP) des Unternehmens am 16. Juni 2025. Der Kaufpreis entspricht 85 % des Schlusskurses vom 13. Juni 2025 gemäß den Bedingungen des ESPP.

Nach dieser Transaktion besitzt Phillips direkt wirtschaftlich 11.209 Aktien, einschließlich nicht unverfallbarer Restricted Stock Units. Die Aktien wurden im Rahmen von nach Rule 16b-3 befreiten Transaktionen für den ESPP-Kaufzeitraum vom 16. Dezember 2024 bis 15. Juni 2025 erworben.

Wesentliche Transaktionsdetails:

  • Transaktionstyp: ESPP-Kauf
  • Aktienpreis: 63,38 $ (15 % Rabatt zum Marktpreis)
  • Eigentum: Direkt
  • Meldedatum: 28. Juni 2025
Positive
  • None.
Negative
  • None.

Adam David Phillips, Chief Accounting Officer del Gruppo CAVA, ha comunicato l'acquisto di 146 azioni ordinarie al prezzo di 63,38 $ ciascuna tramite il Piano di Acquisto Azionario per Dipendenti (ESPP) della società, avvenuto il 16 giugno 2025. Il prezzo di acquisto corrisponde all'85% del prezzo di chiusura del 13 giugno 2025, in conformità con i termini dell'ESPP.

Dopo questa operazione, Phillips detiene direttamente in modo beneficiario 11.209 azioni, comprensive di unità azionarie vincolate non ancora maturate. Le azioni sono state acquisite nell'ambito di transazioni esenti ai sensi della Regola 16b-3 per il periodo di acquisto ESPP dal 16 dicembre 2024 al 15 giugno 2025.

Dettagli principali della transazione:

  • Tipo di transazione: Acquisto ESPP
  • Prezzo per azione: 63,38 $ (sconto del 15% rispetto al mercato)
  • Proprietà: Diretta
  • Data di deposito: 28 giugno 2025

Adam David Phillips, Director de Contabilidad del Grupo CAVA, informó la adquisición de 146 acciones ordinarias a $63.38 por acción a través del Plan de Compra de Acciones para Empleados (ESPP) de la empresa el 16 de junio de 2025. El precio de compra representa el 85% del precio de cierre del 13 de junio de 2025, según los términos del ESPP.

Tras esta transacción, Phillips posee de forma directa y beneficiaria 11,209 acciones, incluyendo unidades restringidas de acciones no devengadas. Las acciones fueron adquiridas bajo transacciones exentas conforme a la Regla 16b-3 para el período de compra ESPP que abarca del 16 de diciembre de 2024 al 15 de junio de 2025.

Detalles clave de la transacción:

  • Tipo de transacción: Compra ESPP
  • Precio por acción: $63.38 (15% de descuento respecto al mercado)
  • Propiedad: Directa
  • Fecha de presentación: 28 de junio de 2025

CAVA 그룹의 최고회계책임자(CAO)인 Adam David Phillips가 2025년 6월 16일 회사의 직원 주식 구매 계획(ESPP)을 통해 146주의 보통주를 주당 $63.38에 취득했다고 보고했습니다. 구매 가격은 2025년 6월 13일 종가의 85%에 해당하며, 이는 ESPP 조건에 따른 것입니다.

이번 거래 이후 Phillips는 미확정 제한 주식 단위를 포함하여 직접 11,209주를 실질적으로 보유하고 있습니다. 해당 주식은 2024년 12월 16일부터 2025년 6월 15일까지의 ESPP 구매 기간 동안 Rule 16b-3 면제 거래로 취득되었습니다.

주요 거래 내역:

  • 거래 유형: ESPP 구매
  • 주당 가격: $63.38 (시장가 대비 15% 할인)
  • 소유 형태: 직접 소유
  • 신고일: 2025년 6월 28일

Adam David Phillips, Directeur Comptable du Groupe CAVA, a déclaré l'acquisition de 146 actions ordinaires au prix de 63,38 $ par action via le Plan d'Achat d'Actions des Employés (ESPP) de l'entreprise le 16 juin 2025. Le prix d'achat représente 85 % du cours de clôture du 13 juin 2025, conformément aux termes de l'ESPP.

Suite à cette transaction, Phillips détient directement à titre bénéficiaire 11 209 actions, incluant des unités d'actions restreintes non acquises. Les actions ont été acquises dans le cadre de transactions exemptées selon la Règle 16b-3 pour la période d'achat ESPP allant du 16 décembre 2024 au 15 juin 2025.

Détails clés de la transaction :

  • Type de transaction : Achat ESPP
  • Prix par action : 63,38 $ (15 % de réduction par rapport au marché)
  • Propriété : Directe
  • Date de dépôt : 28 juin 2025

Adam David Phillips, Chief Accounting Officer der CAVA Gruppe, meldete den Erwerb von 146 Stammaktien zum Preis von 63,38 $ pro Aktie über den Employee Stock Purchase Plan (ESPP) des Unternehmens am 16. Juni 2025. Der Kaufpreis entspricht 85 % des Schlusskurses vom 13. Juni 2025 gemäß den Bedingungen des ESPP.

Nach dieser Transaktion besitzt Phillips direkt wirtschaftlich 11.209 Aktien, einschließlich nicht unverfallbarer Restricted Stock Units. Die Aktien wurden im Rahmen von nach Rule 16b-3 befreiten Transaktionen für den ESPP-Kaufzeitraum vom 16. Dezember 2024 bis 15. Juni 2025 erworben.

Wesentliche Transaktionsdetails:

  • Transaktionstyp: ESPP-Kauf
  • Aktienpreis: 63,38 $ (15 % Rabatt zum Marktpreis)
  • Eigentum: Direkt
  • Meldedatum: 28. Juni 2025
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*
Phillips Adam David

(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 Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
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 06/16/2025 A(1) V 146 A $63.38(2) 11,209(3) 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
Explanation of Responses:
1. 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.
2. 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.
3. Includes unvested restricted stock units.
Remarks:
/s/ Kenneth Robert Bertram, as Attorney-in-Fact 06/26/2025
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many CAVA shares did CAO Adam Phillips purchase in June 2025?

According to the Form 4 filing, CAVA's Chief Accounting Officer Adam Phillips purchased 146 shares of common stock on June 16, 2025 through the company's Employee Stock Purchase Plan (ESPP).

What was the purchase price for CAVA stock under the ESPP in June 2025?

The shares were purchased at $63.38 per share, which represents 85% of CAVA's closing stock price on June 13, 2025, as per the ESPP terms.

How many CAVA shares does Adam Phillips own after the June 2025 purchase?

Following the reported transaction, Adam Phillips beneficially owns 11,209 shares of CAVA stock, which includes unvested restricted stock units. The ownership is listed as Direct (D).

What type of stock purchase plan did CAVA's CAO use to acquire shares?

The shares were purchased through the CAVA Group, Inc. 2023 Employee Stock Purchase Plan (ESPP) during the purchase period from December 16, 2024 through June 15, 2025. The transaction was exempt under Rule 16b-3.
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