Cheesecake Factory director gifts 200 shares
Director Jerome I. Kransdorf reported a gift of CAKE shares to family members, leaving him with 12,750 shares directly held.
Rhea-AI Filing Summary
CHEESECAKE FACTORY INC (CAKE) director Jerome I. Kransdorf reported a bona fide gift of 200 shares of common stock on September 1, 2026. The shares were gifted to the reporting person's children, grandchildren and/or great-grandchildren. Following this transfer, he directly holds 12,750 shares of CAKE common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
200 shares gifted
Gift
1 txn
Insider
KRANSDORF JEROME I
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 200 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 12,750 shares (Direct)
Footnotes (1)
- F1. Represents shares of stock gifted to the reporting person's children, grandchildren and/or great-grandchildren.
Key Figures
Shares gifted: 200 shares
Shares held after transaction: 12,750 shares
Reported gift price per share: $0.00 per share
3 metrics
Shares gifted
200 shares
Bona fide gift of CAKE common stock on September 1, 2026
Shares held after transaction
12,750 shares
Direct CAKE common stock holdings by Jerome I. Kransdorf after the gift
Reported gift price per share
$0.00 per share
Price field for the 200-share bona fide gift of CAKE common stock
Key Terms
Bona fide gift, Rule 10b5-1, beneficial ownership
3 terms
Bona fide gift regulatory
"The transaction code description is "Bona fide gift" for 200 shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 10b5-1 regulatory
"The filing’s 10b5-1 checkbox indicates whether trades used a Rule 10b5-1 plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
beneficial ownership regulatory
"Form 4 reports changes in an insider’s beneficial ownership of securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did CAKE director Jerome I. Kransdorf report?
He reported a bona fide gift of 200 shares of Cheesecake Factory (CAKE) common stock on September 1, 2026, transferring the shares as a gift to his children, grandchildren and/or great-grandchildren.
Was the CAKE Form 4 transaction by Jerome I. Kransdorf a sale or a gift?
The Form 4 reports a bona fide gift, not a market sale or purchase. The transaction involved gifting 200 shares of CAKE common stock to the reporting person's descendants at no stated per-share price.
Did Jerome I. Kransdorf’s CAKE Form 4 transaction use a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this transaction, so the gift was not reported as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.