Cheesecake Factory (NASDAQ: CAKE) CFO logs tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The Cheesecake Factory’s Executive Vice President and CFO, Matthew Eliot Clark, reported a tax-related share transaction in company stock. On February 16, 2026, 3,033 shares of common stock were disposed of at $58.67 per share to satisfy tax withholding obligations tied to the vesting of performance share awards. After this tax-withholding disposition, he held 51,090 shares of common stock directly, plus 38,298 shares of restricted stock that remain subject to forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Clark Matthew Eliot
Role
EXEC VP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,033 | $58.67 | $178K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 51,090 shares (Direct)
Footnotes (1)
- Represents shares of Issuer Common Stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer Common Stock delivered to the Reporting Person on February 16, 2026, from the vesting of Performance Share Awards. Shares of restricted stock subject to forfeiture.
FAQ
What insider transaction did CAKE CFO Matthew Clark report on this Form 4?
Matthew Clark reported a tax-withholding disposition of 3,033 shares of Cheesecake Factory common stock. The shares were withheld by the company to cover tax obligations arising from the vesting of performance share awards on February 16, 2026.
Was the CAKE Form 4 transaction an open-market sale by the CFO?
No, the Form 4 shows a tax-withholding disposition coded “F,” not an open-market sale. Shares were withheld by the issuer solely to satisfy tax withholding obligations related to the vesting of performance share awards delivered to the executive.
What is the role of Matthew Clark at Cheesecake Factory in this Form 4?
Matthew Clark is identified as Executive Vice President and Chief Financial Officer of Cheesecake Factory. The Form 4 reflects his beneficial ownership and a tax-withholding share disposition related to equity compensation, reported as a direct holding under Section 16 rules.