Xenohristos Theodoros 4
Research Summary
AI-generated summary
CAVA Chief Concept Officer Xenohristos Receives RSU Award
What Happened
- Xenohristos Theodoros, Chief Concept Officer and director of CAVA Group, Inc. (CAVA), was granted 4,721 restricted stock units (RSUs) on Feb 26, 2026. The grant was reported on a Form 4 filed Mar 2, 2026. The grant price reported is $0.00 (an equity award rather than a purchase), so no cash changed hands at grant.
Key Details
- Transaction date: 2026-02-26 (Form 4 filed 2026-03-02)
- Transaction type/code: Award/Grant (A) — RSU grant
- Shares/units granted: 4,721 RSUs; reported acquisition price: $0.00
- Vesting: RSUs vest in three equal annual installments commencing January 24, 2027, subject to continued service (footnote F1)
- Each RSU represents a contingent right to one share of CAVA common stock upon settlement (F1)
- Filing notes that these are unvested RSUs (F2) and includes a disclaimer that the reporting person disclaims beneficial ownership except to the extent of pecuniary interest
- Shares owned after transaction: not specified in the filing
- No 10b5-1 plan, tax withholding, or late-filing flag noted in the report
Context
- RSUs are compensation grants that convert to actual shares only as they vest; this grant does not represent an immediate sale or purchase of market stock. Such grants are common executive compensation and do not by themselves indicate a trading view (they reflect planned compensation tied to continued service).