CAPPELLO ALEXANDER L 4

What Happened

• Alexander L. Cappello, a director of Cheesecake Factory Inc. (CAKE), sold 2,490 shares in an open-market transaction on June 2, 2026.
• The reported weighted average sale price was $64.90 per share (range $64.89–$64.93), for proceeds of approximately $161,601. This was a sale (disposition), which is typically routine insider selling and not, by itself, a signal of company performance.

Key Details

• Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (timely; within the usual 2-business-day reporting window).
• Price: weighted average $64.90; individual trades ranged $64.89–$64.93 (footnote says full breakdown is available on request).
• Shares sold: 2,490; total proceeds ≈ $161,601.
• Ownership after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: Weighted-average price and multi-trade range; detailed per-price breakdown available on request.
  • F2: Some reported securities are held by Maricopa Capital LLC, of which Cappello is the sole shareholder.
  • F3: Some securities are held in custodial accounts for Cappello’s children (spouse as custodian).
• Transaction code: S = Sale (disposition).

Context

• This was a straight sale of existing shares (not an option exercise, award, or gift). Sales are common among insiders for diversification or personal reasons; they do not necessarily reflect private information about the company.
• The filing appears timely. If you track insider activity, purchases generally attract more attention than routine sales; still, you may want to monitor subsequent filings for any pattern of trades.