Summary by Futu AI
SC 2018 TRUST LLC, a director-related entity of CAVA Group, Inc., is set to sell 235,515 common shares of the company, with an aggregate market value of approximately $27.77 million, on 09/09/2024. These shares were acquired on 06/20/2023 through the conversion of Series E Preferred Stock into Common Stock. Over the past three months, SC 2018 TRUST LLC has sold a total of 109,491 shares, generating gross proceeds of around $13.09 million.