4Filed Aug 11, 8:00 PM ET

Cheesecake Factory (CAKE) Director Edie Ames Sells 3,000 Shares

$CAKE · CHEESECAKE FACTORY INC

Research Summary

AI-generated summary of this SEC filing

Updated

Cheesecake Factory (CAKE) Director Edie Ames Sells 3,000 Shares

What Happened

  • Edie Ames, a director of Cheesecake Factory Inc. (CAKE), reported an open‑market sale of 3,000 shares on 2026‑08‑10 at $106.95 per share, generating $320,850. The filing also corrects an earlier omitted purchase: 500 shares acquired on 2018‑03‑12 at $49.51 ($24,755). The 2026 sale is a disposition; the 2018 entry is a late-reported purchase to fix prior reporting.

Key Details

  • Sale: 3,000 shares @ $106.95 on 2026‑08‑10 — proceeds $320,850.
  • Corrected purchase: 500 shares @ $49.51 on 2018‑03‑12 — cost $24,755 (previously omitted).
  • Filing date: 2026‑08‑12 (reflects the 2026 sale and correction of the 2018 purchase).
  • Shares owned after transaction: not specified in the provided summary (beneficial ownership appears to include shares held in trust).
  • Footnotes: F1 — 2018 purchase was inadvertently omitted from prior Section 16 reports and is being corrected. F2 — some shares are held by the Ames Living Trust, of which the reporting person and spouse are trustees.
  • Timeliness: the 2018 purchase is a late correction (the filing indicates an earlier omission).

Context

  • The primary event is an open‑market sale (routine disposition) rather than an options exercise or award. The corrected 2018 purchase is administrative—reported now to update beneficial ownership records—and does not necessarily indicate current insider sentiment.