Cheesecake Factory (CAKE) EVP reports tax withholding of 1,787 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cheesecake Factory executive Alex G. Spero reported an indirect tax-related share disposition through a family trust. On February 16, 2026, 1,787 shares of Cheesecake Factory common stock were withheld by the company at $58.67 per share to cover tax obligations from vesting restricted stock awards.
The shares are held by the Alex Family Trust, of which Mr. Spero is a trustee. After these transactions, the reported indirect holdings include 4,790 shares in one line item and 22,670 shares in another trust-related holding entry.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Alex Spero G
Role
EVP Operations - CFRI
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,787 | $58.67 | $105K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,790 shares (Indirect, By Trust)
Footnotes (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 February 16, 2026, from the vesting of Restricted Stock Awards. Shares held by the Alex Family Trust of which Mr. Alex is a trustee. Shares of restricted stock subject to forfeiture.
FAQ
What did Cheesecake Factory (CAKE) EVP Alex Spero report on this Form 4?
Alex G. Spero reported an indirect, tax-related share disposition. The company withheld 1,787 Cheesecake Factory common shares at $58.67 each to satisfy tax obligations from vesting restricted stock awards, with the shares held through the Alex Family Trust, where he serves as trustee.
Was Alex Spero’s Cheesecake Factory (CAKE) Form 4 an open-market sale?
The reported transaction was not an open-market sale. Shares were withheld by the issuer solely to satisfy tax withholding obligations upon vesting of restricted stock awards, and are reported as an indirect disposition through the Alex Family Trust, not a discretionary market trade.