Expiring Options Drove the CEO's Sale - Not a Change in Conviction
Source: Motley Fool
2026-05-10 08:06:01 ET
David Overton, Chairman and CEO of The Cheesecake Factory (NASDAQ:CAKE) , reported the indirect sale of 104,000 shares through option exercise and immediate disposition on May 1, 2026, as disclosed in this SEC Form 4 filing .
Transaction value based on SEC Form 4 weighted average sale price ($61.02); post-transaction value based on May 1, 2026 market close ($60.20).
Note: 1-year price change calculated as of May 8, 2026.
The Cheesecake Factory Incorporated
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Restaurants & Bars
Consumer Discretionary
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Calabasas Hills
