Summary by Moomoo AI
CAVA Group's CEO and President Brett Schulman executed a series of stock transactions on 12/05/2024 and 12/09/2024. Schulman acquired a total of 422,057 shares through the exercise of derivative securities at prices ranging from $1.28 to $7.56 per share. On the same day, he sold 327,000 shares at $150.06 each, generating approximately $49 million in proceeds.After these transactions, Schulman directly owns 811,147 shares of CAVA Group's common stock. Additionally, he indirectly holds 740,205 shares, with 57,495 owned by his spouse and 682,710 held through an LLC. The transactions are part of an ongoing process, suggesting potential further activity in the near future.These stock movements represent a significant financial event for the company's top executive, potentially impacting investor perception of CAVA Group's stock value and insider confidence.
