STOCK TITAN

CAVA Group (NYSE: CAVA) officer buys stock via 2023 employee plan

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

Rhea-AI Filing Summary

CAVA Group, Inc. reported that its CLO and Secretary, Kenneth Robert Bertram, acquired additional common stock through the company’s 2023 Employee Stock Purchase Plan. On 12/15/2025 he purchased 47 shares of common stock at 45.18 per share, in a transaction described as exempt under Rule 16b-3 for the ESPP purchase period from June 16, 2025 through December 14, 2025.

After this purchase, he beneficially owned 51,190 shares of CAVA common stock directly, which includes unvested restricted stock units. He also reported indirect ownership of 1,500 shares held by his spouse and 195 shares held by his daughter.

Positive

  • None.

Negative

  • None.
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*
Bertram Kenneth Robert

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
CLO & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
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 12/15/2025 A(1) V 47 A $45.18(2) 51,190(3) D
Common Stock 1,500 I By Spouse
Common Stock 195 I By Daughter
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. Shares purchased pursuant to the CAVA Group, Inc. 2023 Employee Stock Purchase Plan ("ESPP") in transactions that were exempt under Rule 16b-3, for the ESPP purchase period of June 16, 2025 through December 14, 2025.
2. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on December 12, 2025.
3. Includes unvested restricted stock units.
Remarks:
The reporting person states that this filing shall not be an admission that the reporting person is the beneficial owner of any of the securities reported herein as indirectly owned, and the reporting person disclaims beneficial ownership of such securities except to the extent of the reporting person's pecuniary interest therein.
/s/ Kenneth Robert Bertram 12/17/2025
** 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

What insider stock transaction was reported for CAVA (CAVA)?

CAVA Group’s CLO and Secretary, Kenneth Robert Bertram, reported buying 47 shares of CAVA common stock on 12/15/2025 through the company’s 2023 Employee Stock Purchase Plan.

What price did the CAVA (CAVA) officer pay per share under the ESPP?

The 47 shares were purchased at a price of 45.18 per share, in line with the ESPP provision that uses 85% of the closing price of CAVA common stock on December 12, 2025.

How many CAVA Group (CAVA) shares does Kenneth Robert Bertram own after this transaction?

Following the reported purchase, he beneficially owned 51,190 shares of CAVA common stock directly, which the filing notes includes unvested restricted stock units.

What indirect CAVA (CAVA) shareholdings were disclosed for family members?

The report lists indirect ownership of 1,500 shares of CAVA common stock held by his spouse and 195 shares held by his daughter.

Over what period were the ESPP shares for CAVA (CAVA) accumulated?

The 47 shares were purchased under the 2023 Employee Stock Purchase Plan for the ESPP purchase period from June 16, 2025 through December 14, 2025.

Does the CAVA Group (CAVA) Form 4 indicate that unvested RSUs are included in ownership?

Yes. The explanation states that the 51,190 directly owned shares include unvested restricted stock units of CAVA common stock.

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