Cheesecake Factory (NASDAQ: CAKE) CFO sells 7,000 shares

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Cheesecake Factory Executive Vice President and CFO Matthew Eliot Clark sold shares in the company. On February 25, 2026, he executed an open-market sale of 7,000 shares of Cheesecake Factory common stock at a weighted average price of $65.70 per share, with individual trade prices ranging from $65.62 to $65.86.

Insider Trade Summary

Net Seller: 7,000 shares ($459,900)

Net Sell 2 txns

Insider Clark Matthew Eliot

Role EXEC VP, CFO

Sold 7,000 shs ($460K)

Type	Security	Shares	Price	Value
Sale	Common Stock	7,000	$65.70	$460K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 44,090 shares (Direct)

Footnotes (1)

The price reported within column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $65.62 to $65.86, 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. Shares of restricted stock subject to forfeiture.

Form 4 Insider Transactions: What Each Field Means →

02/26/2026 - 05:15 PM

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

91301

(City)

(State)

(Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/25/2026		S		7,000	D	$65.7⁽¹⁾	44,090	D
Common Stock								38,298⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported within column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $65.62 to $65.86, 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.

2. Shares of restricted stock subject to forfeiture.

	/s/ Matthew Clark by Scarlett May, Attorney-in-Fact	02/26/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Cheesecake Factory (CAKE) disclose in this Form 4 filing?

Cheesecake Factory reported that its Executive Vice President and CFO, Matthew Eliot Clark, sold 7,000 shares of common stock. The shares were sold in an open-market transaction at a weighted average price of $65.70 per share on February 25, 2026.

How many Cheesecake Factory (CAKE) shares did the CFO sell and at what price?

The CFO sold 7,000 shares of Cheesecake Factory common stock at a weighted average price of $65.70 per share. The filing notes the individual sale prices ranged between $65.62 and $65.86 across multiple trades executed the same day.

Was the Cheesecake Factory (CAKE) CFO’s transaction a buy or a sell?

The transaction was a sale. Executive Vice President and CFO Matthew Eliot Clark conducted an open-market sale of 7,000 Cheesecake Factory common shares, as indicated by transaction code “S” and the description “Sale in open market or private transaction” in the Form 4.

When did the Cheesecake Factory (CAKE) CFO sell his shares?

The sale occurred on February 25, 2026. On that date, Matthew Eliot Clark, Cheesecake Factory’s Executive Vice President and CFO, sold 7,000 shares of the company’s common stock in open-market transactions at a weighted average price of $65.70 per share.

What does the weighted average price in the CAKE Form 4 mean?

The weighted average price of $65.70 reflects multiple trades executed between $65.62 and $65.86. The Form 4 notes the CFO will provide full details of the number of shares sold at each specific price within that range upon request to the company, shareholders, or regulators.