Sec Form 4 Filing - SHAICH RONALD M @ CAVA GROUP, INC. - 2024-12-09

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SHAICH RONALD M
2. Issuer Name and Ticker or Trading Symbol
CAVA GROUP, INC. [ CAVA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500
3. Date of Earliest Transaction (MM/DD/YY)
12/09/2024
(Street)
WASHINGTON, DC20016
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/09/2024 J 1,670,000 ( 1 ) D 2,901,265 I By Cava Act III Trust, LLC ( 2 ) ( 3 )
Common Stock 12/09/2024 S 622,549 ( 4 ) D $ 149.4 6,307 ( 5 ) D
Common Stock 12/09/2024 S 365,089 ( 4 ) D $ 149.4 0 I By SC 2018 Trust LLC
Common Stock 12/09/2024 S 379,583 ( 4 ) D $ 149.4 0 I By SGC Trust LLC
Common Stock 12/09/2024 J 170,000 ( 6 ) A $ 0 ( 6 ) 253,306 I By Act III Holdings, LLC ( 1 ) ( 2 ) ( 7 )
Common Stock 1,374,328 I By Cava Act III, LLC ( 2 ) ( 8 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SHAICH RONALD M
C/O CAVA GROUP, INC.
14 RIDGE SQUARE NW, SUITE 500
WASHINGTON, DC20016
X
Signatures
/s/ Ronald M. Shaich 12/11/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On December 9, 2024, Cava Act III Trust, LLC initiated a pro-rata in-kind distribution of 1,670,000 shares of common stock, par value $0.001 ("Common Stock") of Cava Group, Inc. (the "Issuer") to its respective members (the "in-kind distribution"), including the distribution of an aggregate of 1,537,221 shares of Common Stock to the reporting person, SC 2018 Trust LLC, SGC Trust LLC and Act III Holdings, LLC, the receipt of which was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act. Act III Holdings, LLC is the controlling holder of Cava Act III Trust, LLC and is controlled by the reporting person. The reporting person serves as the investment manager with sole investment control of both SC 2018 Trust LLC and SGC Trust LLC.
( 2 )Cava Act III Trust, LLC is managed by an independent manager appointed by the reporting person and Cava Act III, LLC is managed by Act III Management, LLC, which is controlled by the reporting person. Act III Holdings, LLC is the controlling holder of each of Cava Act III, LLC and Cava Act III Trust, LLC. The reporting person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest in Cava Act III, LLC and Act III Holdings, LLC. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the reporting person is the beneficial owner of any securities reported herein.
( 3 )Represents Common Stock held by Cava Act III Trust, LLC.
( 4 )The reported transactions represent the sale of an aggregate of 1,367,221 shares of Common Stock received by the reporting person, SC 2018 Trust LLC and SGC Trust LLC in connection with the in-kind distribution, including the sale of (1) 622,549 shares of Common Stock by the reporting person, (2) 365,089 shares of Common Stock by SC 2018 Trust LLC and (3) 379,583 shares of Common Stock by SGC Trust LLC.
( 5 )Includes unvested restricted stock units.
( 6 )Represents the distribution of Common Stock to Act III Holdings, LLC in the in-kind distribution described in footnote (1) above.
( 7 )Represents Common Stock held by Act III Holdings, LLC.
( 8 )Represents Common Stock held by Cava Act III, LLC.

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