Cheesecake Factory CFO sells 23,832 shares

After the exercise, 15,888 options remained in the reported position; a separate holding entry describes restricted stock subject to forfeiture.

Available on EDGAR 10/30/2026 - 07:02 PM EDT Accepted by SEC EDGAR 10/30/2026 - 07:01 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Cheesecake Factory Inc. (CAKE) Executive Vice President and CFO Matthew Eliot Clark exercised options for 23,832 common shares on October 29, 2026, at an exercise price of $40.42 per share, then sold 23,832 shares at a weighted average price of $113.3096 per share. Individual sale prices ranged from $112.6200 to $113.7850, inclusive. His reported option position following the exercise was 15,888 options. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Exercise and Sale: 23,832 shares ($1.74M approx. pre-tax spread)

Exercise and Sale 3 txns

Insider Clark Matthew Eliot

Role EXEC VP, CFO

Sold 23,832 shs ($2.70M)

Approx. gross sale proceeds $2.70M

Approx. exercise cost $963K

Approx. pre-tax spread $1.74M

Share of Position Sold 34.6%

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	23,832	$0.00	$0.00
Exercise	Common Stock	23,832	$40.42	$963K
Sale	Common Stock F1	23,832	$113.3096	$2.70M
Holding	Common Stock F2	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 15,888 contracts (Direct); Common Stock — 81,329 shares (Direct)

Holdings Before and After: Employee Stock Option (Right to Buy), 39,720 to 15,888 contracts (Direct); Common Stock, 81,329 to 81,329 shares (Direct)

Other Insiders: 2 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (2)

1. F1. The price reported within column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $112.6200 to $113.7850, 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 (3) to this Form 4.
2. F2. Shares of restricted stock subject to forfeiture.

Key Figures

Options exercised: 23,832 shares Exercise price: $40.42 per share Shares sold: 23,832 shares +3 more

6 metrics

Options exercised 23,832 shares October 29, 2026

Exercise price $40.42 per share Options exercised October 29, 2026

Shares sold 23,832 shares October 29, 2026

Weighted average sale price $113.3096 per share Sale on October 29, 2026

Sale price range $112.6200 to $113.7850 per share Individual sale transactions

Options following exercise 15,888 options Reported after the October 29, 2026 exercise

Key Terms

Employee Stock Option (Right to Buy), weighted average price, restricted stock

3 terms

Employee Stock Option (Right to Buy) financial

"Employee Stock Option (Right to Buy)"

weighted average price financial

"The price reported within column 4 is 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.

restricted stock financial

"Shares of restricted stock subject to forfeiture."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CAKE shares did CFO Matthew Eliot Clark sell, and at what price?

Executive Vice President and CFO Matthew Eliot Clark sold 23,832 CAKE common shares on October 29, 2026, at a weighted average price of $113.3096 per share. Individual sale prices ranged from $112.6200 to $113.7850, inclusive. The sale followed an option exercise at $40.42 per share; no Rule 10b5-1 plan is reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Clark Matthew Eliot

(Last) (First) (Middle)

26901 MALIBU HILLS RD

(Street)

CALABASAS HILLS CALIFORNIA 91301

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CHEESECAKE FACTORY INC [ CAKE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EXEC VP, CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/29/2026		M		23,832	A	$40.42	68,941	D
Common Stock	10/29/2026		S		23,832	D	$113.3096(1)	45,109	D
Common Stock								36,220(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$40.42	10/29/2026		M			23,832	02/16/2024	02/16/2033	Common Stock	23,832	$0	15,888	D

Explanation of Responses:

1. The price reported within column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $112.6200 to $113.7850, 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 (3) to this Form 4.

2. Shares of restricted stock subject to forfeiture.

	/s/ Matthew Clark by Scarlett May, Attorney-in-Fact	10/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)