STOCK TITAN

Cheesecake Factory (CAKE) EVP and General Counsel sells 5,206 shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Cheesecake Factory EVP and General Counsel Scarlett May sold 5,206 shares of common stock in an open-market transaction. The shares were sold at a weighted average price of $62.9482 per share, in multiple trades ranging from $62.94 to $62.975. Following the sale, one line in the filing shows 25,715 common shares held directly, while another entry indicates a total direct holding of 31,734 shares, which includes shares of restricted stock subject to forfeiture.

Positive

  • None.

Negative

  • None.
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*
May Scarlett

(Last) (First) (Middle)
26901 MALIBU HILLS ROAD

(Street)
CALABASAS HILLS CA 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)
EVP, GENERAL COUNSEL
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
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)
Code V Amount (A) or (D) Price
Common Stock 03/10/2026 S 5,206 D $62.9482(1) 25,715 D
Common Stock 31,734(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
Explanation of Responses:
1. The price reported within column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $62.9400 to $62.9750, 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/ Scarlett May 03/11/2026
** 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.

FAQ

What insider transaction did Cheesecake Factory (CAKE) report for Scarlett May?

Cheesecake Factory reported that EVP and General Counsel Scarlett May sold 5,206 shares of common stock. The transaction was an open-market sale and is recorded on the Form 4 as a routine disposition of shares by a senior executive.

At what price did Scarlett May sell Cheesecake Factory (CAKE) shares?

Scarlett May sold her Cheesecake Factory common stock at a weighted average price of $62.9482 per share. The Form 4 notes multiple individual trades occurred in a price range between $62.94 and $62.975 for this transaction.

How many Cheesecake Factory shares did Scarlett May sell in this Form 4?

Scarlett May sold 5,206 shares of Cheesecake Factory common stock. This sale is classified as an open-market or private transaction sale and is the only reported buy-or-sell transaction in this particular Form 4 filing.

How many Cheesecake Factory (CAKE) shares does Scarlett May hold after the sale?

After the reported sale, one entry shows Scarlett May directly holding 25,715 common shares. Another holding line indicates a total of 31,734 direct shares, including restricted stock that remains subject to forfeiture under the company’s equity arrangements.

What do the footnotes in Scarlett May’s Cheesecake Factory Form 4 explain?

The footnotes explain that the reported sale price is a weighted average from multiple trades between $62.94 and $62.975. They also state that some of May’s holdings are restricted stock that is subject to forfeiture under Cheesecake Factory’s award terms.

Was Scarlett May’s Cheesecake Factory trade a market purchase or sale?

The Form 4 classifies Scarlett May’s transaction as an open-market sale of common stock. The transaction uses code “S,” indicating a sale in the open market or a private transaction rather than a purchase or an option exercise.
Cheesecake Factory Inc

NASDAQ:CAKE

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CALABASAS HILLS