Xenohristos Theodoros 4
Accession 0001628280-26-003293
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 4:14 PM ET
Size
7.1 KB
Accession
0001628280-26-003293
Research Summary
AI-generated summary of this filing
CAVA Group (CAVA) Chief Concept Officer Xenohristos Theodoros Sells 965 Shares
What Happened Xenohristos Theodoros, Chief Concept Officer and a director at CAVA Group, sold 965 shares of CAVA common stock on January 21, 2026. The filing reports a weighted average price of $67.41 per share for the 965 shares allocated to him, for total proceeds of approximately $65,051. The sale was a mandatory "sell to cover" to satisfy tax withholding obligations associated with vested restricted stock units (RSUs), not a discretionary trade.
Key Details
- Transaction date: 2026-01-21; Form 4 filed: 2026-01-23 (timely filing).
- Reported price: $67.41 weighted average (allocation from a larger broker sale).
- Proceeds allocated to reporting person: ~$65,051 for 965 shares.
- Broker sold 52,702 shares on behalf of employees at prices ranging $67.05–$67.78; the $67.41 is the pro rata weighted average allocated to this reporting person (the filer can provide per-price allocation on request).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1/F2 indicate the sale was mandatory to cover tax withholding on RSU vesting; F3 notes inclusion of unvested RSUs. The filer disclaims beneficial ownership of indirectly owned securities except to the extent of a pecuniary interest.
Context This transaction is a routine tax-withholding sale tied to RSU vesting (code F), which is common and typically does not signal an insider's change in view on the company. No options were exercised and no discretionary open-market selling was reported.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-01-21$67.41/sh−965$65,051→ 333,244 total
- 16,000(indirect: By Trust)
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
Documents
Issuer
CAVA GROUP, INC.
CIK 0001639438
Related Parties
1- filerCIK 0001966363
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 4:14 PM ET
- Size
- 7.1 KB