Hanscom Ashley W 4
Research Summary
AI-generated summary
CAKE Principal Accounting Officer Hanscom Withholds 430 Shares
What Happened
- Ashley W. Hanscom, Principal Accounting Officer of Cheesecake Factory (CAKE), had 430 shares of company stock withheld to satisfy tax withholding obligations related to the vesting of restricted stock. The withholding was recorded at $60.57 per share for a total value of $26,045. This was a tax-withholding disposition (code F), not an open-market sale or purchase.
Key Details
- Transaction date: February 10, 2026
- Price used for withholding: $60.57 per share
- Shares withheld/disposed: 430; total value ~$26,045
- Footnotes: F1 = shares withheld solely to satisfy tax withholding on net issuance from restricted stock vesting; F2 = restricted stock subject to forfeiture
- Filing: Report filed Feb 12, 2026 for a Feb 10 transaction (appears to be timely under Form 4 rules)
- Shares owned after transaction: Not specified in the provided filing summary
Context
- This is a routine tax-withholding event (cashless/net issuance) tied to restricted stock vesting, not an indicator of a market sale or buy decision. Such withholdings reduce the number of shares issued to the insider to cover taxes and are common after grants vest.