Hanscom Ashley W 4
Research Summary
AI-generated summary
Cheesecake Factory (CAKE) Accounting Officer Ashley Hanscom Receives Award
What Happened
- Ashley W. Hanscom, Principal Accounting Officer of Cheesecake Factory Inc. (CAKE), was granted 2,280 shares of restricted stock (transaction code A) on February 11, 2026. The grant price reported is $0.00 (award), so no cash was paid by the insider at grant.
- This is a compensation award (not an open-market purchase or sale) and does not represent an immediate sale or exercise of options.
Key Details
- Transaction date: 2026-02-11; Filing date: 2026-02-13 (Form 4; not indicated as late).
- Shares granted: 2,280 restricted shares; reported acquisition price: $0.00.
- Vesting schedule (footnote): 60% vests on 2/11/2029, 20% vests on 2/11/2030 and 20% vests on 2/11/2031, each contingent on continued service.
- Shares are subject to forfeiture until vested (per filing footnote).
- The Form 4 does not report the insider’s total beneficial ownership after this grant in the provided summary.
Context
- Restricted stock awards are common executive compensation designed to retain employees; they become fully owned only as they vest and can be forfeited if service conditions aren’t met.
- This transaction is an award/grant (not a market buy or sale) and should be interpreted as compensation rather than a direct buy or sell signal.