Summary by Futu AI
Artal International S.C.A., a significant shareholder in CAVA Group, Inc. [CAVA], completed a substantial sale of shares on June 5, 2024. The transaction involved the sale of 3,000,000 shares of common stock at a price of $87.25 per share, resulting in a total market value of $261,750,000. Following the sale, Artal International's direct holdings in CAVA Group decreased to 23,507,990 shares. The sale was conducted as an open market or private sale, according to the transaction details provided.