Xenohristos Theodoros 4

What Happened
Xenohristos Theodoros, Chief Concept Officer and a director of CAVA Group, sold a total of 1,039 shares on January 27, 2026, receiving approximately $64,566. The sales were: 688 shares at $61.96 ($42,628) and 351 shares at $62.50 ($21,938). According to the filing, these were mandatory "sell-to-cover" transactions to satisfy tax withholding on vested restricted stock units (RSUs) and were not discretionary trades.

Key Details

• Transaction date: 2026-01-27; Filing date: 2026-01-29 (timely within the Form 4 reporting window).
• Reported sale amounts/prices: 688 shares @ $61.96 and 351 shares @ $62.50; total proceeds ≈ $64,566.
• Footnote highlights:
  • F1: Sales were required to cover tax withholding for RSU vesting (sell-to-cover).
  • F2/F4: The reported prices reflect weighted averages from larger broker block sales (31,092 shares and 15,886 shares sold by the broker across employees) with prices in ranges $61.40–$62.39 and $62.40–$62.72; proceeds were allocated pro rata.
  • F3: Form includes unvested RSUs.
  • Reporting person disclaims beneficial ownership of indirectly owned shares except for pecuniary interest.
• Shares owned after transaction: not specified in the provided excerpt; filing notes unvested RSUs remain.

Context
Sell-to-cover transactions are routine tax-withholding actions tied to RSU vesting and do not necessarily indicate the insider's view of the company. This filing reports disposals (code S) and should be interpreted as non-discretionary tax-related sales rather than open-market investment decisions.