CAVA Chief People Officer Sells Over $2.6M in Stock Following Option Exercise

summarizeSummary

CAVA Group's Chief People Officer, Kelly Costanza, sold 31,803 shares for over $2.6 million in an open market transaction, following the exercise of stock options.

check_boxKey Events

• Officer Sells Shares

  Kelly Costanza, Chief People Officer, sold 31,803 shares of common stock in an open market transaction on February 26, 2026, for a total value of $2,685,763.35 at a price of $84.45 per share.

• Option Exercise Preceded Sale

  Prior to the sale, Ms. Costanza exercised options to acquire 31,803 shares of common stock at an exercise price of $6.75 per share, totaling $214,670.25.

• Recent RSU Grant

  The officer also received a grant of 4,721 restricted stock units (RSUs) on February 26, 2026, which vest in three equal annual installments starting January 24, 2027.

• Follows Prior Intent to Sell

  This Form 4 confirms the execution of a sale for which a Form 144 was filed on February 27, 2026, indicating an intent to sell the same quantity of shares.

auto_awesomeAnalysis

Kelly Costanza, CAVA's Chief People Officer, executed a significant open market sale of shares, disposing of over $2.6 million in stock. This transaction follows the exercise of options and a recent RSU grant. While the sale represents a small percentage of the company's overall market capitalization, it is a substantial amount for an individual officer and comes shortly after the company reported a slowdown in same-restaurant sales growth in its recent 10-K and 8-K filings. Investors may interpret this as an officer taking profits amidst mixed financial signals, potentially adding to negative sentiment.