Xenohristos Theodoros 4
4 · CAVA GROUP, INC. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
CAVA Chief Concept Officer Xenohristos Theodoros Sells 9,044 Shares
What Happened Xenohristos Theodoros, Chief Concept Officer and director of CAVA Group, sold 9,044 shares of CAVA on 2026-05-11 at a weighted average price of $79.75, generating proceeds of approximately $721,259. The sale was a mandatory "sell to cover" tied to the vesting of restricted stock units (RSUs), not a discretionary open-market trade.
Key Details
- Transaction date: 2026-05-11; Form 4 filed 2026-05-12 (timely).
- Shares sold: 9,044; weighted average price reported: $79.75; reported proceeds ≈ $721,259.
- Broker executed multiple sales totaling 13,804 shares for various employees at prices ranging $79.50–$80.16; reported price is the pro rata weighted average allocated to the reporting person.
- Reason: Mandatory sell-to-cover to satisfy tax withholding on RSU vesting (Footnotes F1 & F2). Includes unvested RSUs noted in filing (F3).
- Filing disclaimer: Reporting person disclaims beneficial ownership of indirectly owned securities except to extent of pecuniary interest.
- Shares owned after transaction: not specified in the provided filing details.
Context This sale was a non-discretionary tax-withholding transaction tied to RSU vesting (common executive paperwork), which differs from a voluntary sale that might signal a change in an insider's view. No indication in the filing that the sale was part of a trading plan (e.g., 10b5-1).
Insider Transaction Report
Form 4
CAVA GROUP, INC.CAVA
Xenohristos Theodoros
DirectorChief Concept Officer
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-05-11$79.75/sh−9,044$721,259→ 327,882 total
Holdings
- 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 13,804 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 $79.50 to $80.16, 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|2026-05-12