Form 4: Cheesecake Factory CFO Matthew Clark Reports Stock Transactions
SEC Form 4 Filing
Matthew Clark, CFO of Cheesecake Factory, reports the disposal of shares to cover tax obligations and the holding of restricted stock.
Summary
- On February 10, 2025, Matthew Clark, the CFO of Cheesecake Factory, disposed of 6,712 shares of common stock at a price of $53.01 per share to cover tax withholding obligations related to the vesting of restricted stock.
- Following the transaction, Clark directly owns 48,663 shares of Cheesecake Factory common stock.
- Clark also holds 8,320 shares of restricted stock subject to forfeiture.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock disposal for tax obligations and vesting of restricted stock. |
| 02/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Insider Trading, Stock Disposal, Restricted Stock, Matthew Clark, CFO, Cheesecake Factory, CAKE
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