Form 4: Cheesecake Factory Exec Keith Carango Reports Stock Transactions
SEC Form 4 Filing
Keith Carango, President of a Cheesecake Factory subsidiary, reports the disposition of shares to cover tax obligations and ongoing ownership of restricted stock.
Summary
- On February 10, 2025, Keith Carango, President of a Cheesecake Factory subsidiary, disposed of 2,776 shares of common stock to cover tax withholding obligations.
- The shares were withheld by the issuer at a price of $53.01 per share.
- Following the transaction, Carango directly owns 19,582 shares of common stock and 17,100 shares of restricted stock subject to forfeiture.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of restricted stock.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock transaction where 2,776 shares were disposed of to cover tax obligations. |
| 02/12/2025 | Date of signature for the Form 4 filing. |
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