Cheesecake Factory (NASDAQ: CAKE) EVP has 1,508 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cheesecake Factory executive Scarlett May reported a tax-withholding share disposition. On February 10, 2026, the issuer withheld 1,508 shares of common stock at $60.57 per share to cover her tax obligations from vesting restricted stock. Following this, she directly owns 25,235 common shares and 27,670 restricted shares subject to forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
May Scarlett
Role
EVP, GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,508 | $60.57 | $91K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 25,235 shares (Direct)
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 10, 2026, from the vesting of restricted stock. Shares of restricted stock subject to forfeiture.
FAQ
What insider transaction did CAKE executive Scarlett May report?
Scarlett May reported shares withheld to cover taxes. On February 10, 2026, The Cheesecake Factory withheld 1,508 shares of common stock at $60.57 per share to satisfy her tax obligations arising from the vesting of restricted stock granted to her.
Was Scarlett May’s CAKE Form 4 transaction an open market sale?
The transaction was a tax-withholding disposition, not an open sale. The issuer retained 1,508 shares of common stock solely to satisfy tax withholding obligations tied to vested restricted stock, rather than May selling shares into the market herself.
What role does Scarlett May hold at The Cheesecake Factory (CAKE)?
Scarlett May serves as Executive Vice President and General Counsel. Her Form 4 identifies her as an officer rather than a director or 10% owner, meaning the reported equity activity relates to her executive compensation rather than large insider ownership changes.