Shaich Ronald M's Form 4 filing
Cava Group, Inc. (CAVA) · filed Aug 30, 2024
- Accession no.
- 0001628280-24-038953
- Filed
- Aug 30, 2024
- Trade date
- Aug 28, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 7 non-derivative transactions. Open-market sales total $13.1M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Shaich Ronald MCIK 0001034193 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 28, 2024 | Common Stock | JOtherDisposed | −116,000 | –F1 | – | 5,571,265 | Indirect | |
| Aug 28, 2024 | Common Stock | SSaleDisposed | −53,684 | $118.94F5 | −$6,385,174.96 | 7,403 | Direct | |
| Aug 28, 2024 | Common Stock | SSaleDisposed | −1,096 | $119.62F7 | −$131,103.52 | 6,307 | Direct | |
| Aug 28, 2024 | Common Stock | SSaleDisposed | −26,641 | $118.94F5 | −$3,168,680.54 | 544 | Indirect | |
| Aug 28, 2024 | Common Stock | SSaleDisposed | −544 | $119.62F7 | −$65,073.28 | 0 | Indirect | |
| Aug 28, 2024 | Common Stock | SSaleDisposed | −27,526 | $118.94F5 | −$3,273,942.44 | 562 | Indirect | |
| Aug 28, 2024 | Common Stock | SSaleDisposed | −562 | $119.62F7 | −$67,226.44 | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
On August 28, 2024, Cava Act III Trust, LLC initiated a pro-rata in-kind distribution of 116,000 shares of common stock, par value $0.001 ("Common Stock") of Cava Group, Inc. (the "Issuer") to its respective members (the "in-kind distribution"), including the distribution of an aggregate of 110,053 shares of Common Stock to the reporting person, SC 2018 Trust LLC and SGC Trust LLC, the receipt of which was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act. The reporting person serves as the investment manager with sole investment control of both SC 2018 Trust LLC and SGC Trust LLC.
Referenced by the price of 1 transaction in Table I.
- F5
Represents the weighted average price of 113,750 shares of Common Stock sold by the broker on behalf of the distributees of the in-kind distribution, including 107,851 shares of Common Stock sold on behalf of the sellers, on August 28, 2024 in transactions ranging from $118.50 to $119.54, with a weighted average price of $118.94. The proceeds of all such sales were allocated to the distributees of the in-kind distribution, including the sellers, on a pro rata basis, based on the number of shares sold by each seller. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 3 transactions in Table I.
- F7
Represents the weighted average price of 2,250 shares of Common Stock sold by the broker on behalf of the distributees of the in-kind distribution, including 2,202 shares of Common Stock sold on behalf of the sellers, on August 28, 2024 in transactions ranging from $119.55 to $119.70, with a weighted average price of $119.62. The proceeds of all such sales were allocated to the distributees of the in-kind distribution, including the sellers, on a pro rata basis, based on the number of shares sold by each seller. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 3 transactions in Table I.