Xenohristos Theodoros 4

What Happened
Xenohristos Theodoros, Chief Concept Officer and director of CAVA Group, sold 3,252 shares of CAVA common stock on 2026-06-15 at a weighted average price of $89.43 per share, generating approximately $290,826. The sale was a mandatory "sell-to-cover" transaction to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs), not a discretionary open-market trade.

Key Details

• Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (timely filing).
• Transaction type/code: Sale (S); sale executed to cover tax withholding for RSU vesting (footnote F1/F2).
• Reported quantity and value: 3,252 shares sold at a $89.43 weighted average price; proceeds ≈ $290,826.
• Price detail: Weighted average reflects allocation from a larger block of 69,803 shares sold by the broker at prices ranging $89.00–$89.87; reporting person may provide per-price breakdown on request (footnote F2).
• Shares owned after transaction: Not specified in the provided report.
• Other notes: Footnote F3 indicates the holding includes unvested RSUs. The filer disclaims beneficial ownership of indirectly owned securities except to the extent of pecuniary interest.

Context
"Sell-to-cover" sales are routine administrative transactions to satisfy tax obligations when RSUs vest and typically do not indicate insider sentiment about the company. This filing documents such a withholding sale rather than a voluntary sell for investment reasons.