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CAVA Group | 4: Statement of changes in beneficial ownership of securities-Officer Phillips Adam David

SEC ·  Dec 28, 2024 05:13

Summary by Futu AI

Adam David Phillips, Chief Accounting Officer of CAVA Group, acquired 98 shares of Common Stock on 12/15/2024. The transaction was executed at a price of $79.85 per share, totaling $7,825.30.The acquisition was reported as a direct ownership transaction and classified as a "Grant, award or other acquisition". Following this transaction, Phillips' total beneficial ownership of CAVA Group's Common Stock increased to 11,499 shares.This insider transaction, scheduled for future execution, provides insight into the company's stock-based compensation practices and the alignment of executive interests with those of shareholders. The transaction status is marked as completed, despite its future date, likely indicating a pre-arranged stock award.
Adam David Phillips, Chief Accounting Officer of CAVA Group, acquired 98 shares of Common Stock on 12/15/2024. The transaction was executed at a price of $79.85 per share, totaling $7,825.30.The acquisition was reported as a direct ownership transaction and classified as a "Grant, award or other acquisition". Following this transaction, Phillips' total beneficial ownership of CAVA Group's Common Stock increased to 11,499 shares.This insider transaction, scheduled for future execution, provides insight into the company's stock-based compensation practices and the alignment of executive interests with those of shareholders. The transaction status is marked as completed, despite its future date, likely indicating a pre-arranged stock award.

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