Cheesecake Factory (NASDAQ: CAKE) CEO details 50-share family gift transaction
Rhea-AI Filing Summary
The Cheesecake Factory Inc. Chairman and CEO David Overton reported a small insider transaction involving company common stock. On 12/10/2025, a family trust for which he serves as trustee gifted 50 shares of common stock, at a stated price of $0, to his grandson. After this gift, that trust held 3,017,298 shares of Cheesecake Factory stock indirectly for Overton.
He also reports ownership of 273,788 shares of restricted stock subject to forfeiture, as well as indirect interests in 60,211 shares held in the Sheila A. Overton Living Trust and 183,950 shares in a 2011 gift trust for his son. For the Sheila A. Overton Living Trust and the 2011 gift trust, he disclaims beneficial ownership of the securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 50 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents shares of stock gifted to the reporting persons grandson. Shares held by the David M. Overton Family Trust of which Mr. Overton is trustee. Shares of restricted stock subject to forfeiture. Shares held by Mr. Overton's spouse as trustee for the Sheila A. Overton Living Trust. The reporting person disclaims beneficial ownership of these securities. Shares held by the David M. Overton 2011 Gift Trust UTA dated 11/23/2011 for the benefit of the reporting person's son. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities.
FAQ
What insider stock transaction did Cheesecake Factory 's David Overton report?
David Overton reported that a family trust for which he is trustee gifted 50 shares of Cheesecake Factory common stock at a stated price of $0.
When did the reported Cheesecake Factory (CAKE) stock gift occur and to whom was it made?
The stock gift occurred on 12/10/2025 and, according to the explanation of responses, represented shares gifted to the reporting person 's grandson.
What restricted stock holdings does David Overton report in Cheesecake Factory (CAKE)?
David Overton reports 273,788 shares of restricted Cheesecake Factory common stock that are subject to forfeiture.
What roles does David Overton hold at Cheesecake Factory (CAKE)?
David Overton is reported as a Director and as an Officer, serving as Chairman and C.E.O. of The Cheesecake Factory Inc.