4//SEC Filing
Tolivar Tricia K. 4
Accession 0001628280-26-003291
CIK 0001639438other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 4:14 PM ET
Size
7.1 KB
Accession
0001628280-26-003291
Research Summary
AI-generated summary of this filing
CAVA CFO Tricia K. Tolivar Sells 2,204 Shares
What Happened
- Tricia K. Tolivar, Chief Financial Officer of CAVA Group, sold 2,204 shares of CAVA common stock on 2026-01-21 at a reported weighted-average price of $67.41, generating proceeds of $148,572. The sale is reported as a disposition (S) and was conducted to satisfy tax withholding obligations tied to RSU vesting rather than as a discretionary sale.
Key Details
- Transaction date: 2026-01-21; Form 4 filed: 2026-01-23 (timely filing within the 2-business-day window).
- Shares sold: 2,204 at $67.41 (weighted average); total proceeds reported: $148,572.
- Broker sold a larger block of 52,702 shares on behalf of multiple employees; the reported $67.41 is the pro rata weighted average of sales priced between $67.05 and $67.78. The filer can provide a per-price breakdown on request (see footnote).
- Footnotes: F1 = sale was mandatory "sell to cover" for tax withholding on vested RSUs; F2 = weighted-average price explanation and price range; F3 = holdings reported include unvested RSUs.
- Shares owned after the transaction: not specified in this filing. The filer disclaims beneficial ownership of certain indirectly owned securities except to the extent of pecuniary interest.
Context
- This was a routine sell-to-cover tax-withholding transaction tied to RSU vesting (transaction code F in practice), not a discretionary sale signaling a change in the officer’s view of the company. Such mandatory sales are common when equity awards vest and employers require withholding to cover taxes.
Insider Transaction Report
Form 4
CAVA GROUP, INC.CAVA
Tolivar Tricia K.
Chief Financial Officer
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-01-21$67.41/sh−2,204$148,572→ 234,338 total
Holdings
- 2,500(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]The sales reported on this Form 4 represent shares of Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
- [F2]The price reported in column 4 represents the weighted average price of 52,702 shares of Common Stock sold by the broker on behalf of employees of the Issuer as a result of mandatory sell to cover transactions associated with the vesting of RSUs. These shares were sold in multiple transactions at prices ranging from $67.05 to $67.78, inclusive. The proceeds of all such sales were allocated to the employees, including the Reporting Person, on a pro rata basis. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
- [F3]Includes unvested RSUs.
Signature
/s/ Amit Patel, as Attorney-in-Fact|2026-01-23
Documents
Issuer
CAVA GROUP, INC.
CIK 0001639438
Entity typeother
Related Parties
1- filerCIK 0001635451
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 4:14 PM ET
- Size
- 7.1 KB