Form 4: Cheesecake Factory Executive Keith Carango Reports Stock Transaction
SEC Form 4 Filing
Keith Carango, President of a Cheesecake Factory subsidiary, reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- On April 1, 2025, Keith Carango, President of a Cheesecake Factory subsidiary, had 300 shares of common stock withheld by the issuer to satisfy tax obligations related to the vesting of restricted stock.
- The price per share for the transaction was $50.86.
- Following the transaction, Carango directly owns 20,774 shares of common stock and 24,826 shares of restricted stock subject to forfeiture.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing detailing a routine stock transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock transaction (tax withholding related to vesting restricted stock) |
| 04/03/2025 | Date of Form 4 filing |
Keywords
Form 4, insider trading, stock transaction, restricted stock, tax withholding, CAKE, Cheesecake Factory, Carango, Keith
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