May Scarlett 4

What Happened

May Scarlett, EVP and General Counsel of The Cheesecake Factory (CAKE), sold 5,206 shares in an open-market transaction on March 10, 2026. The reported weighted-average sale price was $62.95 per share, for total proceeds of approximately $327,708. This was a sale (disposition), which is often routine insider selling and not necessarily an indicator of company outlook.

Key Details

• Transaction date: 2026-03-10; Filing date: 2026-03-11 (timely within Form 4 reporting window).
• Shares sold: 5,206; weighted-average price: $62.95; total proceeds: ~$327,708.
• Price range noted: $62.94 to $62.975 (the weighted average reflects multiple trades; the filer can provide a per-trade breakdown on request). (Footnote F1)
• Footnote F2 indicates some reported shares may be restricted/subject to forfeiture (included in form annotations).
• Shares owned after the transaction: not specified in the information provided.

Context

• Open-market sales by executives are common and can be for many personal reasons (diversification, tax planning, etc.); they don't by themselves confirm a view on company fundamentals.
• No options exercise, gift, or tax-withholding notation was provided for this transaction.