Summary by Futu AI
On June 5, 2024, Ronald M. Shaich, associated with CAVA Group, Inc. [CAVA], completed a significant sale of CAVA Group common stock. The transaction involved the disposal of 1,231,979 direct shares at a price of $87.25 per share, resulting in a total market value of $107,490,167.75. Post-transaction, Shaich retained 5,000 direct shares. Additionally, two indirect sales through SC 2018 Trust LLC and SGC Trust LLC were executed, disposing of 653,477 and 664,834 shares respectively, each at the same price of $87.25. The total market value of the indirect sales amounted to $115,022,634.75. After these transactions, the indirect holdings were reduced to 83,306 shares.