Schulman Brett 4

What Happened

• Brett Schulman, CEO and President (also a director) of CAVA Group, sold 21,650 shares of common stock on 2026-01-21 at a weighted average price of $67.41 per share, for proceeds of approximately $1,459,427. The sale was a disposition (S) reported on Form 4 and was done to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs), not as a discretionary open-market trade.

Key Details

• Transaction date: 2026-01-21; Form 4 filed 2026-01-23 (timely within the usual two-business-day window).
• Price(s): weighted average $67.41; broker sold a block of 52,702 shares for multiple employees at prices ranging $67.05–$67.78, with proceeds allocated pro rata (reporting person’s sale reflects their share of that allocation).
• Shares sold by Schulman: 21,650; proceeds ≈ $1,459,427.
• Shares owned after transaction: not specified in this filing; footnote indicates holdings include unvested RSUs.
• Notable footnotes: F1/F2 — sale was a mandatory “sell-to-cover” to satisfy tax withholding and not discretionary; F3 — the reported holdings include unvested RSUs. The filer disclaims indirect beneficial ownership except to the extent of any pecuniary interest.

Context

• Sell-to-cover transactions are routine tax-withholding events following RSU vesting and generally do not indicate the insider’s view on the company’s prospects. The sale here resulted from the issuer’s election under its equity plans to satisfy withholding by selling shares on behalf of employees.