CAKE (NASDAQ: CAKE) Form 144: Director/Issuer lists 7,000 vested restricted shares for sale
Rhea-AI Filing Summary
CAKE notice of proposed sale: 7,000 shares of common stock are listed for sale as restricted stock vesting under a registered compensation plan on 02/11/2026. The filing shows an aggregate value of $459,900.00 and lists 49,859,091 shares outstanding as of 02/25/2026.
Positive
- None.
Negative
- None.
Insights
Planned resale of vested restricted shares, small relative to outstanding stock.
The filing lists 7,000 common shares to be sold as restricted stock vesting under a registered plan, with an aggregate value of $459,900.00. The selling designation is shown as Issuer, and the sale is tied to compensation vesting on 02/11/2026.
With reported shares outstanding of 49,859,091 as of 02/25/2026, this amount represents a small fraction of the float. Subsequent trading depends on whether the holder actually transacts; the filing itself is a notice of proposed sale.