4//SEC Filing
SHAICH RONALD M 4
Accession 0001628280-24-040126
CIK 0001639438other
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 4:00 PM ET
Size
13.2 KB
Accession
0001628280-24-040126
Insider Transaction Report
Form 4
CAVA GROUP, INC.CAVA
SHAICH RONALD M
Director
Transactions
- Sale
Common Stock
2024-09-09$117.90/sh−466,631$55,015,795→ 6,307 total - Other
Common Stock
2024-09-09−1,000,000→ 4,571,265 total(indirect: By Trust) - Sale
Common Stock
2024-09-09$117.90/sh−235,515$27,767,219→ 0 total(indirect: By Trust) - Sale
Common Stock
2024-09-09$117.90/sh−243,457$28,703,580→ 0 total(indirect: By Trust)
Holdings
- 1,374,328(indirect: By LLC)
Common Stock
- 83,306(indirect: By LLC)
Common Stock
Footnotes (7)
- [F1]On September 9, 2024, Cava Act III Trust, LLC initiated a pro-rata in-kind distribution of 1,000,000 shares of common stock, par value $0.001 ("Common Stock") of Cava Group, Inc. (the "Issuer") to its respective members (the "in-kind distribution"), including the distribution of an aggregate of 945,603 shares of Common Stock to the reporting person, SC 2018 Trust LLC and SGC Trust LLC, the receipt of which was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act. The reporting person serves as the investment manager with sole investment control of both SC 2018 Trust LLC and SGC Trust LLC.
- [F2]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. Act III Holdings, LLC is controlled by the reporting person. 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.
- [F3]Represents Common Stock held by Cava Act III Trust, LLC.
- [F4]The reported transactions represent the sale of the aggregate of 945,603 shares of Common Stock received by the reporting person, SC 2018 Trust LLC and SGC Trust LLC in connection with the in-kind distribution, including the sale of (1) 466,631 shares of Common Stock by the reporting person, (2) 235,515 shares of Common Stock by SC 2018 Trust LLC and (3) 243,457 shares of Common Stock by SGC Trust LLC.
- [F5]Includes unvested restricted stock units.
- [F6]Represents Common Stock held by Cava Act III, LLC.
- [F7]Represents Common Stock held by Act III Holdings, LLC.
Documents
Issuer
CAVA GROUP, INC.
CIK 0001639438
Entity typeother
Related Parties
1- filerCIK 0001034193
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 4:00 PM ET
- Size
- 13.2 KB