Gordon David M 4

What Happened

• David M. Gordon, President of Cheesecake Factory Inc. (CAKE), had 3,132 shares of company stock withheld on Feb 10, 2026 to satisfy tax-withholding obligations related to the vesting of restricted stock. The withholding was recorded at $60.57 per share, for a notional value of $189,705.
• This transaction is a tax-withholding disposition (code F), not an open-market sale; such withholdings are routine when restricted stock vests.

Key Details

• Transaction date: 2026-02-10
• Price per share: $60.57; Shares withheld/disposed: 3,132; Notional value: $189,705
• Shares owned after the transaction: not specified in the provided excerpt of the filing
• Footnotes:
  • F1: Shares were withheld by the issuer solely to satisfy tax withholding on the net issuance of shares delivered upon vesting on Feb 10, 2026.
  • F2: The withheld shares related to restricted stock that is (or was) subject to forfeiture.
• Timeliness: Filing dated Feb 12, 2026 for a Feb 10 transaction — appears timely (Form 4 is generally due within 2 business days).

Context

• This was a cashless/net withholding to cover taxes on vested restricted stock, not an indication that the insider sold shares on the open market. Such withholding transactions are common and generally considered administrative rather than a signal of insider sentiment.