Cheesecake Factory EVP reports tax share withholding
Cheesecake Factory executive Alex G. Spero reported an indirect tax-related share disposition through a family trust.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,787 | $58.67 | $105K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- 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 February 16, 2026, from the vesting of Restricted Stock Awards.
- F2. Shares held by the Alex Family Trust of which Mr. Alex is a trustee.
- F3. Shares of restricted stock subject to forfeiture.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cheesecake Factory (CAKE) EVP Alex Spero report on this Form 4?
Was Alex Spero’s Cheesecake Factory (CAKE) Form 4 an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.