Entity tied to Cheesecake Factory (CAKE) director sells 2,490 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHEESECAKE FACTORY INC director Alexander L. Cappello reported an indirect sale of company stock through an affiliated entity. On June 2, 2026, Maricopa Capital LLC, an entity for which he is the sole shareholder, sold 2,490 shares of common stock in an open-market transaction at a weighted average price of $64.90 per share, with individual trade prices ranging from $64.89 to $64.93. Following this sale, Maricopa Capital LLC held 6,171 shares of Cheesecake Factory common stock. Separately, 178 shares are held in custodial accounts for Mr. Cappello’s children, with his spouse acting as custodian.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,490 shares ($161,601)
Net Sell
2 txns
Insider
CAPPELLO ALEXANDER L
Role
null
Sold
2,490 shs ($162K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,490 | $64.90 | $162K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,171 shares (Indirect, By Maricopa Capital LLC)
Footnotes (1)
- The price reported within column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $64.89 to $64.93, inclusive. The reporting person undertakes to provide to CAKE Corporation, any security holder of CAKE Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4. The reported securities are held by Maricopa Capital LLC of which the reporting person is the sole shareholder. Held in custodial accounts for Mr. Cappello's children with his spouse acting as custodian.
Key Figures
Shares sold: 2,490 shares
Weighted average sale price: $64.90/share
Post-sale Maricopa holdings: 6,171 shares
+2 more
5 metrics
Shares sold
2,490 shares
Open-market sale on June 2, 2026
Weighted average sale price
$64.90/share
Common stock sale by Maricopa Capital LLC
Post-sale Maricopa holdings
6,171 shares
Indirect holdings after June 2, 2026 transaction
Custodial account shares
178 shares
Held for Mr. Cappello’s children in custodial accounts
Price range of sales
$64.89–$64.93/share
Multiple trades comprising the reported weighted average price
Key Terms
open-market sale, weighted average price, indirect holdings, custodial accounts, +1 more
5 terms
open-market sale financial
"sold 2,490 shares of common stock in an open-market transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"sold in multiple transactions ranging from $64.89 to $64.93, inclusive, at a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect holdings financial
"The reported securities are held by Maricopa Capital LLC and in custodial accounts as indirect holdings"
custodial accounts financial
"Held in custodial accounts for Mr. Cappello's children with his spouse acting as custodian"
Custodial accounts are savings or investment accounts managed by an adult for a minor until they reach a certain age. Think of it as a digital piggy bank controlled by a guardian, where money or assets are held in trust for someone too young to manage them on their own. These accounts matter to investors because they provide a way to save or invest on behalf of a child, often for future education or other needs.
transaction code "S" regulatory
"transaction code "S" indicates a sale in open market or private transaction"
FAQ
What insider transaction did CAKE disclose for Alexander L. Cappello?
Cheesecake Factory reported an indirect stock sale by an entity linked to director Alexander L. Cappello. Maricopa Capital LLC sold 2,490 common shares in an open-market transaction, and the filing also lists small custodial holdings for his children.
Was the CAKE insider transaction an open-market sale?
Yes. The Form 4 identifies the transaction code as “S,” indicating an open-market or private sale. The description specifies a sale in the open market, with a weighted average price and detailed trading range for the executed transactions.