Clark Matthew Eliot 4

What Happened Clark Matthew Eliot, Executive VP and Chief Financial Officer of Cheesecake Factory, had 2,864 shares of company stock withheld on Feb 10, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock. The withholding was recorded at $60.57 per share for a reported value of $173,472. This was a tax-withholding/net issuance (not an open-market sale or purchase) and is typically a routine administrative action.

Key Details

• Transaction date: February 10, 2026; Filing date: February 12, 2026 (filed promptly).
• Withheld shares: 2,864 at $60.57 per share; reported value $173,472.
• Transaction code: F (shares withheld to satisfy tax withholding).
• Footnotes: F1 — shares withheld by the issuer solely to satisfy tax withholding on the net issuance from restricted stock vesting; F2 — the underlying restricted stock is subject to forfeiture.
• Shares owned after transaction: not specified in the provided Form 4 excerpt.

Context This was a “sell-to-cover” style withholding for taxes on vested restricted stock rather than a voluntary sale or purchase; such withholdings are routine and do not, by themselves, indicate insider sentiment about the company’s stock.