Cheesecake Factory (CAKE) CFO receives new restricted and performance shares
Rhea-AI Filing Summary
The Cheesecake Factory’s Executive Vice President and CFO, Matthew Eliot Clark, reported stock-based compensation awards in company common stock. On February 11, 2026, he acquired 11,860 shares of restricted stock at $0 per share, which vest 60% on February 11, 2029 and 20% on each of February 11, 2030 and February 11, 2031, subject to continued service.
On the same date, the Compensation Committee certified performance results for February 2023 performance share awards, making 14,087 shares eligible to vest based on service conditions. These shares service-vest 60% on February 16, 2026, 20% on February 16, 2027, and 20% on February 16, 2028, also subject to his continued service. Following these acquisitions, his directly owned common stock holdings are reported at 46,751 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,860 | $0.00 | -- |
| Grant/Award | Common Stock | 14,087 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Restricted stock award which vests 60% on 2/11/29 and 20% on each of 2/11/30 and 2/11/31, subject to the Reporting Person's continued service. Shares of restricted stock subject to forfeiture. On February 11, 2026, the Compensation Committee certificated to the attainment of the performance goals underlying the February 2023 grants of performance share awards and determined that 91% of the performance share awards were eligible to vest based on continued service-vesting conditions, with 60% of the shares underlying the award service vesting on February 16, 2026, 20% on February 16, 2027 and 20% on February 16, 2028, subject to the Reporting Person's continued service.