Form 4: Cheesecake Factory CFO Matthew Clark Reports Stock Transactions
SEC Form 4 Filing
Matthew Clark, CFO of Cheesecake Factory, reports the acquisition and disposal of company stock to cover tax obligations related to vesting restricted stock.
Summary
- On April 1, 2025, Matthew Clark, the CFO of Cheesecake Factory, engaged in transactions involving the company's common stock.
- 1,056 shares were disposed of to cover tax withholding obligations at a price of $50.86 per share.
- Following these transactions, Clark directly owns 40,878 shares of Cheesecake Factory common stock, including 28,460 shares of restricted stock subject to forfeiture.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions for tax purposes, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates activity related to compensation and tax obligations, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock transaction (disposal of shares for tax obligations). |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SEC, Cheesecake Factory, CAKE, Matthew Clark, CFO, Stock Transaction, Restricted Stock, Beneficial Ownership
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