Cava (CAVA) shares fell over 5% on Tuesday after records showed a major shareholder and several executives sold shares.

Cava CEO Brett Schulman sold 201,504 shares worth $24.9 million, according to a filing with the U.S. Securities and Exchange Commission (SEC). Chief Financial Officer Tricia Toliver and a trust affiliated with board member David Bosserman each sold 5,000 shares.

Luxembourg-based Artal International SCA, Cava’s largest investor, also sold six million shares valued at $732 million. It still holds about 114 million shares.

Measures taken after share price increase due to better than expected earnings

The moves came after Cava Group shares rose sharply on the company’s better-than-expected second-quarter results. Schulman said at the time that earnings were boosted by demand for the chain’s new grilled steak dish.

Cava Group shares closed at an all-time high on Monday before retreating on Tuesday. In intraday trading on Tuesday, shares lost nearly 6% to close at $118.80, but despite Tuesday’s losses, they were up over 175% year-to-date.