Shaich Ronald M's Form 4 filing
Cava Group, Inc. (CAVA) · filed Dec 11, 2024
- Accession no.
- 0001628280-24-050762
- Filed
- Dec 11, 2024
- Trade date
- Dec 9, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions. Open-market sales total $204.3M. 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 |
|---|---|---|---|---|---|---|---|---|
| Dec 9, 2024 | Common Stock | JOtherDisposed | −1,670,000 | –F1 | – | 2,901,265 | Indirect | |
| Dec 9, 2024 | Common Stock | SSaleDisposed | −622,549 | $149.40 | −$93,008,820.6 | 6,307 | Direct | |
| Dec 9, 2024 | Common Stock | SSaleDisposed | −365,089 | $149.40 | −$54,544,296.6 | 0 | Indirect | |
| Dec 9, 2024 | Common Stock | SSaleDisposed | −379,583 | $149.40 | −$56,709,700.2 | 0 | Indirect | |
| Dec 9, 2024 | Common Stock | JOtherAcquired | +170,000 | $0.00F6 | $0 | 253,306 | 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 December 9, 2024, Cava Act III Trust, LLC initiated a pro-rata in-kind distribution of 1,670,000 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 1,537,221 shares of Common Stock to the reporting person, SC 2018 Trust LLC, SGC Trust LLC and Act III Holdings, LLC, the receipt of which was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act. Act III Holdings, LLC is the controlling holder of Cava Act III Trust, LLC and is controlled by the reporting person. 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.
- F6
Represents the distribution of Common Stock to Act III Holdings, LLC in the in-kind distribution described in footnote (1) above.
Referenced by the price of 1 transaction in Table I.