Bertram Kenneth Robert 4

What Happened
Kenneth R. Bertram, Chief Legal Officer and Secretary of CAVA Group, sold 1,074 shares of CAVA common stock on 2026-01-21. The shares were sold at a weighted-average price of $67.41 for total proceeds of approximately $72,398. This sale was a mandatory "sell-to-cover" to satisfy tax withholding tied to the vesting of restricted stock units (RSUs), not a discretionary open-market trade by the insider.

Key Details

• Transaction date: 2026-01-21; Form 4 filed: 2026-01-23 (appears timely).
• Action: Sale (S) of 1,074 shares at a weighted-average price of $67.41; proceeds ~$72,398.
• Footnote F1: Sale required to cover tax withholding for RSU vesting (issuer-mandated sell-to-cover).
• Footnote F2: Reported price is the pro rata weighted average of 52,702 shares sold by the broker for multiple employees; individual shares were sold across $67.05–$67.78. The reporting person can provide a price-by-price breakdown on request.
• Footnote F3 / Ownership: Filing notes inclusion of unvested RSUs; the form does not state an exact post-transaction beneficial ownership amount.
• Remark: Reporting person disclaims indirect beneficial ownership except to the extent of pecuniary interest.

Context
Sell-to-cover transactions are routine administrative sales triggered by RSU vesting to satisfy withholding taxes and generally do not reflect an insider's view on the company. The filing clarifies these were mandatory allocations handled by the broker and pro rata among employees.