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CAVA Insider Filing: James D. White Awarded 1,767 RSUs

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

Rhea-AI Filing Summary

CAVA Group, Inc. (CAVA) Form 4 filing dated 06/24/2025 discloses a routine equity grant to independent director James D. White.

On 06/20/2025 Mr. White received 1,767 restricted stock units (RSUs) at no cost (transaction code “A”). The RSUs vest in full on the earlier of 20 June 2026 or the business day before CAVA’s next annual shareholder meeting, subject to continued board service. Each RSU converts to one share of common stock upon settlement.

Following the grant, the director’s total beneficial ownership stands at 5,574 shares, which includes unvested RSUs. No shares were sold or otherwise disposed of, and no derivative securities were involved. The filing was executed by an attorney-in-fact on 06/24/2025.

Positive

  • None.

Negative

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Insights

TL;DR: Routine director RSU award of 1,767 shares; raises total ownership to 5,574, no cash purchase or sale, neutral market impact.

The filing records standard, board-level equity compensation. Because the RSUs vest over roughly one year (or sooner at the next AGM), the award aligns the director with shareholders but does not signal conviction through an open-market buy. The absolute size—under 6,000 shares—is immaterial to CAVA’s float and unlikely to affect valuation or liquidity. No derivatives, accelerated vesting, or disposals are reported, so there is no sign of strategic repositioning or insider concern. Overall, investors should view the disclosure as housekeeping rather than a catalyst.

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*
WHITE JAMES D

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
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 06/20/2025 A(1) 1,767 A $0 5,574(2) 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. Reflects a grant of restricted stock units ("RSU"), which vest in full on the earlier of (i) June 20, 2026 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.
2. Includes unvested RSUs.
Remarks:
/s/ Kenneth Robert Bertram, as Attorney-in-Fact 06/24/2025
** 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 director James D. White acquire according to the Form 4?

He received 1,767 restricted stock units, each representing one share of CAVA common stock.

What is the vesting schedule for the newly granted RSUs to CAVA director James D. White?

The RSUs vest in full on June 20, 2026 or the business day before the next annual meeting, whichever comes first.

What is James D. White’s total beneficial ownership in CAVA after the reported transaction?

After the grant, he beneficially owns 5,574 shares, including unvested RSUs.

Did the Form 4 filing report any sales or disposals of CAVA stock?

No. The filing only reports an acquisition of RSUs; there were no sales or disposals.
Cava Group, Inc.

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