SHAICH RONALD M 4
4 · CAVA GROUP, INC. · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
CAVA Director Ronald Shaich Receives RSU Award of 1,881 Shares
What Happened
Ronald M. Shaich, a director of CAVA Group, Inc. (CAVA), received a grant of 1,881 restricted stock units (transaction code A) on June 22, 2026. The RSUs were granted at $0.00 per unit (no cash purchase); each RSU represents the right to one share of CAVA common stock upon settlement. This is a compensation award, not an open-market buy or sale.
Key Details
- Transaction date: 2026-06-22; Form 4 filed: 2026-06-24 (filed within the typical two-business-day window).
- Grant: 1,881 RSUs @ $0.00; total transaction value reported as $0.
- Vesting: RSUs vest in full on the earlier of (i) June 22, 2027 or (ii) the business day before the next annual meeting of stockholders, subject to continued service (see footnote F1).
- Shares owned after transaction: not specified in this filing. The reported award includes unvested RSUs (F2).
- Beneficial ownership notes: Several entities (Cava Act III Trust, LLC; Cava Act III, LLC; Act III Holdings, LLC) are referenced; Shaich disclaims beneficial ownership of securities held by those entities except for his pecuniary interest (F3–F6).
Context
RSUs are a standard equity compensation tool that convert to common stock upon vesting/settlement; this grant reflects compensation rather than a purchase or sale and does not by itself signal a personal buy/sell decision. The filing clarifies entity holdings and disclaims broad beneficial ownership by the director, indicating the award is part of corporate compensation arrangements.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-22+1,881→ 9,955 total
- 2,901,265(indirect: By Trust)
Common Stock
[F3][F4] - 1,374,328(indirect: By LLC)
Common Stock
[F3][F5] - 253,306(indirect: By LLC)
Common Stock
[F3][F6]
Footnotes (6)
- [F1]Reflects a grant of restricted stock units ("RSUs"), which vest in full on the earlier of (i) June 22, 2027 and (ii) the business day before the date of the next annual meeting of the stockholders of CAVA Group Inc. (the "Issuer"), subject to the reporting person's continued service through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share upon settlement.
- [F2]Includes unvested RSUs.
- [F3]Cava Act III Trust, LLC is managed by an independent manager appointed by the reporting person and Cava Act III, LLC is managed by Act III Management, LLC, which is controlled by the reporting person. Act III Holdings, LLC is the controlling holder of each of Cava Act III, LLC and Cava Act III Trust, LLC. The reporting person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest in Cava Act III, LLC and Act III Holdings, LLC. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the reporting person is the beneficial owner of any securities reported herein.
- [F4]Represents Common Stock held by Cava Act III Trust, LLC.
- [F5]Represents Common Stock held by Cava Act III, LLC.
- [F6]Represents Common Stock held by Act III Holdings, LLC.