Cheesecake Factory (NASDAQ: CAKE) director gifts stock to family
Rhea-AI Filing Summary
CHEESECAKE FACTORY INC (CAKE) director Jerome I. Kransdorf reported a disposition of shares through a bona fide gift. On 2026-08-26 he gifted 800 shares of Common Stock at a reported price of $0.0000 per share to his children, grandchildren and/or great-grandchildren, leaving him with 12,950 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 800 shares
Net Sell
1 txn
Insider
KRANSDORF JEROME I
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 800 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 12,950 shares (Direct)
Footnotes (1)
- F1. Represents shares of stock gifted to the reporting person's children, grandchildren and/or great-grandchildren.
Key Figures
Shares gifted: 800 shares of Common Stock
Reported transaction price per share: $0.0000 per share
Shares held after transaction: 12,950 shares of Common Stock
3 metrics
Shares gifted
800 shares of Common Stock
Bona fide gift on 2026-08-26 by director Jerome I. Kransdorf
Reported transaction price per share
$0.0000 per share
Price reported for the 800-share bona fide gift
Shares held after transaction
12,950 shares of Common Stock
Direct holdings of Jerome I. Kransdorf following the gift
Key Terms
bona fide gift, Form 4, beneficial ownership
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
beneficial ownership financial
"Represents shares of stock gifted to the reporting person's children"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did CAKE director Jerome I. Kransdorf report?
Jerome I. Kransdorf reported a bona fide gift of 800 shares of Cheesecake Factory common stock on 2026-08-26, transferring them to his children, grandchildren and/or great-grandchildren.
Was the CAKE insider transaction a purchase or sale?
The transaction was neither a market purchase nor a sale. It was reported under code G as a bona fide gift of 800 Cheesecake Factory common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.