Summary by Moomoo AI
Brett M Schulman, an officer and director of CAVA Group, plans to sell 327,000 common shares on 12/05/2024. The shares were acquired through the exercise of options under a registered plan on the same date. The total market value of the shares to be sold is approximately $49.07 million.The transaction is set to be completed on 12/05/2024, with the payment made in cash. This sale marks a significant transaction for Schulman, given the substantial number of shares involved. No securities have been sold by Schulman in the past 3 months, indicating this is a new transaction.Investors should note the potential impact of this sale on CAVA Group's stock performance, given the high value of the transaction.
