Cheesecake Factory EVP awarded 2,600 restricted shares
Alex Spero G reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Alex Spero G reported acquisition or exercise transactions in this Form 4 filing.
Cheesecake Factory executive Alex G. Spero reported an award of restricted common stock held through a family trust. On 2/11/26, the Alex Family Trust, of which Mr. Alex is a trustee, received a grant of 2,600 shares of restricted common stock at no cash cost.
The award vests 60% on 2/11/29 and 20% on each of 2/11/30 and 2/11/31, subject to his continued service, and the shares are subject to forfeiture until vested. Following this grant, one trust holding reflected 27,650 shares and another trust position showed 1,597 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,600 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Restricted stock award which vests 60% on 2/11/29 and 20% on each of 2/11/30 and 2/11/31, subject to the Reporting Persons continued service.
- F2. Shares of restricted stock subject to forfeiture.
- F3. Shares held by the Alex Family Trust of which Mr. Alex is a trustee.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cheesecake Factory (CAKE) report for Alex G. Spero?
How do the restricted stock awards for CAKE’s Alex G. Spero vest?
What is the size of the new restricted stock grant to Alex G. Spero at CAKE?
Does the Form 4 for CAKE show a purchase or a grant for Alex G. Spero?
AI-generated analysis. How Rhea-AI works. Not financial advice.