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CAVA Group | 4: Statement of changes in beneficial ownership of securities-Officer Schulman Brett

SEC announcement ·  Jun 19 05:06
Summary by Futu AI
Brett Schulman, CEO and President of CAVA Group, Inc. [CAVA], completed a series of transactions involving the company's common stock on June 14, 2024. Schulman exercised options to acquire 40,000 shares at a price of $1.28 per share. Subsequently, he sold a total of 98,522 shares through two separate transactions. The first disposal involved 32,108 shares at $89.93 each, related to the payment of exercise price or tax liability, while the second was an open market sale of 66,414 shares at $90.11 per share. After these transactions, Schulman directly held 904,094 shares of CAVA Group. Additionally, there are 740,205 shares held indirectly, with 57,495 shares owned by his spouse and 682,710 shares held by an LLC. The total market value of the disposed shares amounted to approximately $8,872,037.98.
Brett Schulman, CEO and President of CAVA Group, Inc. [CAVA], completed a series of transactions involving the company's common stock on June 14, 2024. Schulman exercised options to acquire 40,000 shares at a price of $1.28 per share. Subsequently, he sold a total of 98,522 shares through two separate transactions. The first disposal involved 32,108 shares at $89.93 each, related to the payment of exercise price or tax liability, while the second was an open market sale of 66,414 shares at $90.11 per share. After these transactions, Schulman directly held 904,094 shares of CAVA Group. Additionally, there are 740,205 shares held indirectly, with 57,495 shares owned by his spouse and 682,710 shares held by an LLC. The total market value of the disposed shares amounted to approximately $8,872,037.98.
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