The Cheesecake Factory (CAKE) holder plans $819K stock sale via Form 144
Rhea-AI Filing Summary
A holder of The Cheesecake Factory Incorporated (CAKE) common stock filed to sell up to 7,978 shares through Morgan Stanley Smith Barney LLC Executive Financial Services, with an indicated aggregate value of $819,022.28. The proposed sales are expected to occur on or after July 31, 2026 on NASDAQ. The shares reflect restricted stock that vested under a registered plan in multiple tranches during 2021 and 2025.
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Key Figures
Shares planned for sale: 7,978 shares
Aggregate market value: $819,022.28
Proposed sale date: 07/31/2026
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6 metrics
Shares planned for sale
7,978 shares
Common stock listed for sale through broker on NASDAQ
Aggregate market value
$819,022.28
Estimated value of 7,978 shares of common stock
Proposed sale date
07/31/2026
Date associated with planned NASDAQ sales of common stock
Restricted stock vesting 2021
902 shares
Restricted stock vesting under a registered plan on 05/14/2021
Restricted stock vesting 02/10/2025
5,878 shares
Restricted stock vesting under a registered plan on 02/10/2025
Restricted stock vesting 02/18/2025
1,198 shares
Restricted stock vesting under a registered plan on 02/18/2025
Key Terms
Form 144, Restricted Stock Vesting, Registered Plan, Executive Financial Services
4 terms
Form 144 regulatory
"144: Securities Information Common | Morgan Stanley Smith Barney LLC"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Common | 05/14/2021 | Restricted Stock Vesting Under a Registered Plan"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Registered Plan financial
"Restricted Stock Vesting Under a Registered Plan | Issuer"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 144 filing for CAKE disclose?
The filing discloses a planned sale of 7,978 shares of The Cheesecake Factory Incorporated common stock, with an indicated aggregate value of $819,022.28, to be sold on or after July 31, 2026 on NASDAQ.
When are the proposed CAKE stock sales expected to occur?
The proposed sales of CAKE common stock are listed with a date of July 31, 2026, indicating the intended timing for sales of the 7,978 shares through the specified broker on NASDAQ.