CAVA Group Chief Accounting Officer Sells Shares for Tax Withholding on RSU Vesting

2026-06-17SEC Filing 4 (0001628280-26-043902)

Adam David Phillips, Chief Accounting Officer of CAVA Group, Inc., sold 757 shares of common stock on June 15, 2026, at a weighted average price of $89.43 per share. This sale was required to cover tax withholding obligations related to the vesting of restricted stock units (RSUs) and represents a mandatory "sell to cover" transaction under the company's equity incentive plans, not a discretionary trade. Following the transaction, Phillips holds 6,848 shares of CAVA common stock, which includes unvested RSUs. The shares were sold as part of a larger transaction involving 69,803 shares sold on behalf of multiple employees, with sales prices ranging from $89.00 to $89.87. The proceeds were allocated pro rata among the employees. The filing is a Form 4 required for insider transactions.