CAVA Group (NYSE: CAVA) CLO trims stake with 15,000-share stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CAVA Group, Inc. chief legal officer and secretary Kenneth Robert Bertram reported an open-market sale of 15,000 shares of common stock on March 5, 2026 at a weighted average price of $80.33 per share.
After this sale, he directly holds 37,958 common shares. Indirect holdings reported include 1,500 shares held by his spouse and 195 shares held by his daughter.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares ($1,204,950)
Net Sell
3 txns
Insider
Bertram Kenneth Robert
Role
CLO & Secretary
Sold
15,000 shs ($1.20M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $80.33 | $1.20M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 37,958 shares (Direct);
Common Stock — 1,500 shares (Indirect, By Spouse)
Footnotes (1)
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.83, inclusive. 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 (1) to this Form 4. Includes unvested restricted stock units.
FAQ
What insider transaction did CAVA (CAVA) report for Kenneth Robert Bertram?
CAVA disclosed that CLO & Secretary Kenneth Robert Bertram sold 15,000 shares of common stock in an open-market transaction. The sale was reported on a Form 4 and reflects a change in his directly held ownership position.
What role does the insider in this CAVA (CAVA) Form 4 filing hold?
The reporting person, Kenneth Robert Bertram, serves as CAVA Group, Inc.’s Chief Legal Officer and Secretary. His Form 4 filing reflects personal and family share positions, including direct and indirect ownership of CAVA common stock.
Does the CAVA (CAVA) Form 4 mention indirect or family holdings?
Yes. Besides his direct shares, the filing reports 1,500 CAVA common shares held indirectly through his spouse and 195 shares held indirectly through his daughter, indicating additional family-related ownership interests in the company’s stock.
What does the weighted average price mean in the CAVA (CAVA) insider sale?
The weighted average price of $80.33 means the 15,000 shares were sold through multiple trades between $80.00 and $80.83. The average reflects total proceeds divided by shares sold, with detailed trade-level prices available upon request.