Cheesecake Factory (CAKE) director reports 3,000-share sale and past purchase fix
Rhea-AI Filing Summary
CHEESECAKE FACTORY INC director Edie A. Ames reported mixed insider activity involving indirectly held common stock. On August 10, 2026, a trust associated with her sold 3,000 shares at $106.95 per share. The filing also reports a previously omitted purchase by the same trust of 500 shares at $49.51 per share from March 12, 2018, to correct beneficial ownership records.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,500 shares
Net Sell
2 txns
Insider
Ames Edie A
Role
Director
Bought
500 shs ($25K)
Sold
3,000 shs ($321K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 3,000 | $106.95 | $321K |
| Purchase | Common Stock F1, F2 | 500 | $49.51 | $25K |
Holdings After Transaction:
Common Stock — 10,000 shares (Indirect, By Trust)
Footnotes (2)
- F1. A purchase transaction that occurred on March 12, 2018 was inadvertently omitted from prior Section 16 reports. This transaction is being reported to correct the reporting person's beneficial ownership records.
- F2. Shares held by the Ames Living Trust of which the reporting person and her spouse are trustees.
Key Figures
Shares sold: 3,000 shares
Sale price per share: $106.95
Shares purchased (back-reported): 500 shares
+2 more
5 metrics
Shares sold
3,000 shares
Common stock sale on August 10, 2026 by Ames Living Trust
Sale price per share
$106.95
Price per share for 3,000-share sale on August 10, 2026
Shares purchased (back-reported)
500 shares
Common stock purchase on March 12, 2018 by Ames Living Trust
Purchase price per share
$49.51
Price per share for 500-share purchase on March 12, 2018
Net shares sold
2,500 shares
Net of 3,000 shares sold and 500 shares purchased across reported transactions
Key Terms
Section 16, beneficial ownership, Ames Living Trust, indirect ownership
4 terms
Section 16 regulatory
"A purchase transaction that occurred on March 12, 2018 was inadvertently omitted from prior Section 16 reports."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
beneficial ownership financial
"This transaction is being reported to correct the reporting person's beneficial ownership records."
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.
Ames Living Trust financial
"Shares held by the Ames Living Trust of which the reporting person and her spouse are trustees."
indirect ownership financial
"Shares held by the Ames Living Trust of which the reporting person and her spouse are trustees."
FAQ
What insider stock transactions did CAKE director Edie A. Ames report?
Edie A. Ames reported a sale of 3,000 CAKE shares on August 10, 2026, at $106.95 per share, and a back-reported purchase of 500 shares from March 12, 2018, at $49.51 per share.
Were Edie A. Ames’s CAKE transactions made directly or through an entity?
Both transactions involve shares held indirectly by the Ames Living Trust, of which Edie A. Ames and her spouse are trustees. The filing attributes ownership and activity to this trust structure rather than direct personal holdings.
What historical CAKE transaction was corrected in this Form 4?
The Form 4 corrects records for a March 12, 2018 purchase of 500 shares at $49.51 per share. This transaction was inadvertently omitted from prior Section 16 reports and is now being reported for accuracy.
Does this CAKE Form 4 indicate net buying or selling by the Ames Living Trust?
Across the reported transactions, activity is net selling of 2,500 shares. The trust purchased 500 shares in March 2018 and later sold 3,000 shares in August 2026, according to the summarized share totals.
Are Edie A. Ames’s CAKE trades under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming plan use, and the footnotes do not reference any trading plan. The transactions are therefore not identified as being executed under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
