Form 4: Cheesecake Factory Inc. Executive Ashley W. Hanscom Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Ashley W. Hanscom, Principal Accounting Officer of Cheesecake Factory Inc., reports the acquisition and disposal of common stock related to tax obligations and restricted stock vesting.
Summary
- On February 10, 2025, Ashley W. Hanscom, Principal Accounting Officer of Cheesecake Factory Inc., reported changes in beneficial ownership of the company's common stock.
- 921 shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock at a price of $53.01 per share.
- Following the transaction, Hanscom directly owns 11,697 shares of common stock and 9,900 shares of restricted stock subject to forfeiture.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in the restaurant and hospitality industry.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of transaction: disposal of shares for tax obligations and vesting of restricted stock. |
| 02/12/2025 | Date of signature on the Form 4 filing. |
Keywords
beneficial ownership, Form 4, Cheesecake Factory Inc., CAKE, Ashley W. Hanscom, restricted stock, tax withholding, securities
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