Form 4: Cheesecake Factory President David M. Gordon Reports Stock Transactions
SEC Form 4 Filing
David M. Gordon, President of Cheesecake Factory Inc., reports the disposal of 1,164 shares to cover tax obligations and holds 48,919 shares of common stock.
Summary
- On April 1, 2025, David M. Gordon, President of The Cheesecake Factory Inc., disposed of 1,164 shares of common stock at a price of $50.86.
- This transaction was to cover tax withholding obligations related to the vesting of restricted stock.
- Following the transaction, Gordon directly owns 48,919 shares of common stock and 59,364 shares of restricted stock subject to forfeiture.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions for tax purposes.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock disposal for tax withholding. |
| 04/03/2025 | Date of Form 4 filing. |
Keywords
Form 4, Insider Trading, Stock Disposal, Restricted Stock, Tax Withholding, Beneficial Ownership, Cheesecake Factory, CAKE, David M. Gordon
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