Director Benjamin Felt awarded 1,881 RSUs at CAVA (NYSE: CAVA)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CAVA GROUP, INC. director Benjamin Felt reported an equity grant of 1,881 shares of common stock in the form of restricted stock units (RSUs). The RSUs vest in full on the earlier of June 22, 2027 or the business day before the next annual stockholder meeting, subject to his continued service. Each RSU converts into one share of common stock upon settlement, and his direct holdings after this award total 9,955 shares, including unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Felt Benjamin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,881 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,955 shares (Direct, null)
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.
Key Figures
RSU grant: 1,881 RSUs
Post-grant holdings: 9,955 shares
Vesting date trigger: June 22, 2027
+1 more
4 metrics
RSU grant
1,881 RSUs
Awarded on June 22, 2026 as equity compensation
Post-grant holdings
9,955 shares
Total direct holdings after RSU award, includes unvested RSUs
Vesting date trigger
June 22, 2027
RSUs vest on this date or the day before the next annual meeting
Grant price
$0.0000 per share
Indicates no cash paid by insider; compensation award
Key Terms
restricted stock units ("RSUs"), contingent right, annual meeting of the stockholders, unvested RSUs
4 terms
restricted stock units ("RSUs") financial
"Reflects a grant of restricted stock units ("RSUs"), which vest in full"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share"
annual meeting of the stockholders financial
"the business day before the date of the next annual meeting of the stockholders"
unvested RSUs financial
"Includes unvested RSUs."
FAQ
What did CAVA (CAVA) director Benjamin Felt report in this Form 4 filing?
Benjamin Felt reported receiving an equity award of 1,881 restricted stock units from CAVA Group, Inc. The grant is compensation, not an open-market purchase, and increases his direct holdings to 9,955 shares of common stock, including unvested RSUs.
How many CAVA (CAVA) restricted stock units were granted to Benjamin Felt?
Benjamin Felt was granted 1,881 restricted stock units of CAVA common stock. Each RSU represents a contingent right to receive one share upon settlement, providing equity-based compensation that aligns his interests with shareholders through future stock ownership rather than immediate cash.
When do Benjamin Felt’s CAVA (CAVA) RSUs vest according to the Form 4?
The 1,881 RSUs vest in full on the earlier of June 22, 2027 or the business day before CAVA’s next annual stockholder meeting. Vesting is conditioned on Felt’s continued service with the company through the applicable vesting date specified in the award.
What does each CAVA (CAVA) RSU granted to Benjamin Felt represent?
Each RSU granted to Benjamin Felt represents a contingent right to receive one share of CAVA common stock upon settlement. The RSUs do not involve an exercise price and convert into shares only after vesting conditions, including continued service, are satisfied under the award terms.
Is Benjamin Felt’s CAVA (CAVA) Form 4 transaction a market purchase or sale?
The Form 4 reports a grant of restricted stock units, not a market purchase or sale. The transaction is coded as a grant or award acquisition, indicating equity compensation rather than buying or selling shares on the open market.