Cava director gifts 16,500 shares to family trust
CAVA’s Chief Concept Officer reallocated 16,500 common shares into a new grantor retained annuity trust while maintaining over 300,000 shares held directly.
Rhea-AI Filing Summary
CAVA GROUP, INC. (CAVA) reports that director and Chief Concept Officer Theodoros Xenohristos transferred 16,500 shares of common stock on September 9, 2026 as a bona fide gift to the TX 2026 grantor retained annuity trust for no consideration. After this transfer, he held 308,130 shares directly, including unvested restricted stock units, and 16,500 shares indirectly through the new trust, plus 16,000 shares indirectly through another trust. The reporting person disclaims beneficial ownership of indirectly held securities except to the extent of his pecuniary interest, and no Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1, F2 | 16,500 | $0.00 | $0.00 |
| Gift | Common Stock F1, F3 | 16,500 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. On September 9, 2026, the Reporting Person transferred 16,500 shares of the Issuer's common stock to the TX 2026 GRAT (the "GRAT") dated September 9, 2026, for no consideration. The Reporting Person is the trustee of the GRAT and the Reporting Person's spouse and children are beneficiaries of the GRAT upon its termination.
- F2. Includes unvested restricted stock units.
- F3. These shares are held in a grantor retained annuity trust.
Key Figures
Key Terms
grantor retained annuity trust financial
restricted stock units financial
pecuniary interest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CAVA (CAVA) disclose on September 9, 2026?
What other indirect CAVA (CAVA) holdings does Theodoros Xenohristos report?
Were the CAVA (CAVA) insider transactions made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.