Form 4: Cheesecake Factory EVP, General Counsel Scarlett May Reports Stock Transaction
SEC Form 4 Filing
Scarlett May, EVP and General Counsel of Cheesecake Factory Inc., reports the disposition of 523 shares of common stock to cover tax obligations related to vesting restricted stock on April 1, 2025.
Summary
- On April 1, 2025, Scarlett May, the EVP and General Counsel of Cheesecake Factory Inc., reported a transaction involving the company's common stock.
- 523 shares were disposed of at a price of $50.86 per share to satisfy tax withholding obligations related to the vesting of restricted stock.
- Following the transaction, May directly owns 22,872 shares of Cheesecake Factory Inc. common stock, in addition to 31,541 shares of restricted stock subject to forfeiture.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a standard insider transaction filing related to tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock transaction and vesting of restricted stock. |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Insider Trading, Scarlett May, Cheesecake Factory, CAKE, Stock Transaction, Restricted Stock, Tax Withholding
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