Cheesecake Factory CFO has shares withheld for taxes

CHEESECAKE FACTORY INC Executive Vice President and CFO Matthew Eliot Clark had 1,059 shares of common stock withheld on April 1, 2026 to cover tax obligations tied to vesting restricted stock.

Rhea-AI Filing Summary

CHEESECAKE FACTORY INC Executive Vice President and CFO Matthew Eliot Clark had 1,059 shares of common stock withheld on April 1, 2026 to cover tax obligations tied to vesting restricted stock. The shares were valued at $55.30 each. After this tax-withholding disposition, he directly holds 45,109 shares of the company’s common stock, indicating this is a routine compensation-related event rather than an open-market sale.

Insider Trade Summary

Exercise Price or Tax Liability: 1,059 shares

Exercise Price or Tax Liability 2 txns

Insider Clark Matthew Eliot

Role EXEC VP, CFO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,059	$55.30	$59K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 81,329 shares (Direct)

Footnotes (2)

1. F1. Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting Person on April 1, 2026, from the vesting of restricted stock.
2. F2. Shares of restricted stock subject to forfeiture.

Key Figures

Shares withheld for taxes: 1,059 shares Per-share value: $55.30 per share Shares held after transaction: 45,109 shares

3 metrics

Shares withheld for taxes 1,059 shares Tax-withholding disposition on April 1, 2026

Per-share value $55.30 per share Value used for tax-withholding shares

Shares held after transaction 45,109 shares Direct common stock holdings post-disposition

Key Terms

restricted stock, tax withholding obligations, net issuance, subject to forfeiture

4 terms

restricted stock financial

"from the vesting of restricted stock."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

tax withholding obligations financial

"withheld by the Issuer solely to satisfy tax withholding obligations"

net issuance financial

"in connection with the net issuance of shares of Issuer Common Stock"

subject to forfeiture financial

"Shares of restricted stock subject to forfeiture."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CAKE’s CFO report on this Form 4?

The CFO reported a tax-withholding disposition of 1,059 shares of Cheesecake Factory common stock. These shares were withheld by the company to satisfy tax obligations arising from the vesting of restricted stock delivered on April 1, 2026.

Was the CAKE CFO’s Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The 1,059 shares were withheld by Cheesecake Factory solely to cover tax liabilities from vesting restricted stock, a typical mechanism for equity-based compensation.

How many Cheesecake Factory shares were withheld and at what price?

A total of 1,059 shares of Cheesecake Factory common stock were withheld. The filing records a value of $55.30 per share for this tax-withholding event related to the vesting of the executive’s restricted stock.

How many CAKE shares does the CFO hold after this tax-withholding event?

Following the tax-withholding disposition, the CFO directly holds 45,109 shares of Cheesecake Factory common stock. This post-transaction holding reflects his remaining equity position after shares were withheld to satisfy the related tax obligations.

What triggered the CAKE CFO’s tax-withholding share disposition?

The disposition was triggered by the vesting of restricted stock awarded to the CFO. When those restricted shares vested on April 1, 2026, Cheesecake Factory withheld 1,059 shares to meet the associated tax withholding obligations, as described in the Form 4 footnote.

What does the Form 4 footnote say about the CFO’s Cheesecake Factory shares?

The footnote explains that the 1,059 shares were withheld solely to satisfy tax withholding obligations from net issuance of shares delivered upon vesting of restricted stock, and that some shares of restricted stock remain subject to forfeiture under the award terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/03/2026 - 04:58 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Clark Matthew Eliot

(Last) (First) (Middle)

26901 MALIBU HILLS RD

(Street)

CALABASAS HILLS CALIFORNIA 91301

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CHEESECAKE FACTORY INC [ CAKE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EXEC VP, CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		F		1,059(1)	D	$55.3	45,109	D
Common Stock								36,220(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting Person on April 1, 2026, from the vesting of restricted stock.

2. Shares of restricted stock subject to forfeiture.

	/s/ Matthew Clark by Scarlett May, Attorney-in-Fact	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)