Form 4: Cava Group CFO Tricia K. Tolivar Sells 5,000 Shares
SEC Form 4 Filing
Tricia K. Tolivar, CFO of Cava Group, Inc., sold 5,000 shares of common stock at a price of $125.64 on August 26, 2024.
Summary
- On August 26, 2024, Tricia K. Tolivar, the Chief Financial Officer of Cava Group, Inc. (CAVA), sold 5,000 shares of the company's common stock.
- The sale was executed at a price of $125.64 per share.
- Following the transaction, Tolivar directly owns 292,600 shares of CAVA common stock, including unvested restricted stock units.
- Tolivar also indirectly owns 2,500 shares through her spouse.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider stock sale. The size of the sale is not significant relative to her total holdings.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of the stock sale transaction |
| 08/28/2024 | Date of signature on the Form 4 filing |
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