CAVA Group (NYSE: CAVA) grants director 1,881 RSUs equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SHAICH RONALD M reported acquisition or exercise transactions in this Form 4 filing.
CAVA Group director Ronald M. Shaich reported an equity award and his current holdings. He received 1,881 restricted stock units (RSUs) that vest in full on the earlier of June 22, 2027 or the business day before CAVA’s next annual stockholder meeting, subject to his continued service. Each RSU represents one share of CAVA common stock upon settlement. Following this grant, he holds 9,955 shares directly, including unvested RSUs, and has additional indirect holdings through Act III Holdings, LLC, Cava Act III, LLC, and Cava Act III Trust, LLC, while disclaiming beneficial ownership except for his pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
SHAICH RONALD M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,881 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,955 shares (Direct, null);
Common Stock — 2,901,265 shares (Indirect, By Cava Act III Trust, LLC)
Footnotes (1)
- Reflects a grant of restricted stock units ("RSUs"), which vest in full on the earlier of (i) June 22, 2027 and (ii) the business day before the date of the next annual meeting of the stockholders of CAVA Group Inc. (the "Issuer"), 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 per share upon settlement. Includes unvested RSUs. Cava Act III Trust, LLC is managed by an independent manager appointed by the reporting person and Cava Act III, LLC is managed by Act III Management, LLC, which is controlled by the reporting person. Act III Holdings, LLC is the controlling holder of each of Cava Act III, LLC and Cava Act III Trust, LLC. The reporting person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest in Cava Act III, LLC and Act III Holdings, LLC. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the reporting person is the beneficial owner of any securities reported herein. Represents Common Stock held by Cava Act III Trust, LLC. Represents Common Stock held by Cava Act III, LLC. Represents Common Stock held by Act III Holdings, LLC.
Key Figures
RSU grant: 1,881 RSUs
Direct holdings after grant: 9,955 shares
Act III Holdings, LLC position: 253,306 shares
+3 more
6 metrics
RSU grant
1,881 RSUs
Grant of restricted stock units to director on June 22, 2026
Direct holdings after grant
9,955 shares
CAVA common stock directly held, including unvested RSUs
Act III Holdings, LLC position
253,306 shares
CAVA common stock held indirectly via Act III Holdings, LLC
Cava Act III, LLC position
1,374,328 shares
CAVA common stock held indirectly via Cava Act III, LLC
Cava Act III Trust, LLC position
2,901,265 shares
CAVA common stock held indirectly via Cava Act III Trust, LLC
Vesting date trigger
June 22, 2027
Latest vesting date for RSUs, or earlier before next annual meeting
Key Terms
restricted stock units ("RSUs"), pecuniary interest, beneficial ownership, Section 16 of the Securities Exchange Act of 1934
4 terms
restricted stock units ("RSUs") financial
"Reflects a grant of restricted stock units ("RSUs"), which vest in full on the earlier of"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
pecuniary interest financial
"except to the extent of his pecuniary interest in Cava Act III, LLC and Act III Holdings, LLC."
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of the securities reported herein, except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the reporting person is the beneficial owner"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
What did CAVA (CAVA) director Ronald Shaich report in this Form 4?
Ronald M. Shaich reported an equity award and updated share holdings. The filing shows a grant of restricted stock units and lists both his direct holdings and shares held indirectly through various Act III-related entities.
How many RSUs did CAVA grant to Ronald Shaich and when do they vest?
CAVA granted Ronald Shaich 1,881 restricted stock units. These RSUs vest in full on the earlier of June 22, 2027 or the business day before the next annual CAVA stockholder meeting, contingent on his continued service through that date.
Does this CAVA Form 4 show any open-market insider buying or selling?
The Form 4 shows a grant of 1,881 restricted stock units to Ronald Shaich and several indirect holding entries. It does not report any open-market purchase or sale transactions, focusing instead on the award and existing ownership structure.