Tolivar Tricia K. 4

What Happened
Tricia K. Tolivar, Chief Financial Officer of CAVA Group, Inc. (CAVA), had two related transactions on June 15, 2026. She disposed of 4,969 shares in a mandatory "sell-to-cover" transaction at a weighted-average price of $89.43, generating proceeds of $444,378. At the same time she was credited with 283 shares (RSU award/acquisition) at $44.13 per share, valued at $12,489. The sale was to satisfy tax withholding obligations tied to the vesting of restricted stock units and was not a discretionary sale.

Key Details

• Transaction dates: June 15, 2026 (reported on Form 4 filed June 17, 2026). Filing appears timely (within the usual 2-business-day Form 4 window).
• Sale: 4,969 shares disposed; weighted-average price reported $89.43; proceeds $444,378. (Footnote: price is a weighted average from broker sales of 69,803 shares across $89.00–$89.87; proceeds were allocated pro rata.)
• Award/Acquisition: 283 shares acquired (RSUs) at $44.13; value $12,489. Footnote indicates these include unvested RSUs.
• Shares owned after transaction: Not specified on the excerpted filing; the reporting person disclaims beneficial ownership of indirectly owned securities except to the extent of pecuniary interest.
• Notable footnotes: F1 — sale was mandatory to cover tax withholding (sell-to-cover), not a discretionary trade. F2 — reported sale price is a weighted average across multiple employees’ sell-to-cover transactions. F3 — includes unvested RSUs.

Context

• This is a routine sell-to-cover tied to RSU vesting (a tax-withholding mechanism), which is different from an executive-initiated open-market sale.
• The net effect: Tolivar received RSU shares (some unvested) and a portion of vested shares were sold by the broker to satisfy tax obligations.
• No indication of option exercises, gifts, or 10% ownership change in this filing.