Alex Spero G 4
4 · CHEESECAKE FACTORY INC · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Cheesecake Factory (CAKE) EVP Alex Spero Sells 4,790 Shares
What Happened
Alex Spero G, Executive Vice President of Operations (CFRI) at Cheesecake Factory (CAKE), reported the sale of 4,790 shares on February 25, 2026. The filing shows a weighted-average price of $66.00 per share for total proceeds of $316,122. The transaction is reported as an "Open market or private sale" (transaction code S), indicating these shares were disposed of rather than acquired.
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-26 (timely filing).
- Shares sold: 4,790; reported weighted-average price: $66.00; total proceeds: $316,122.
- Price range: individual trades ranged from $65.9901 to $66.0500 (footnote F1). The reporting person offers to provide the exact breakdown on request.
- Shares owned after the transaction: not specified in the information provided in this summary.
- Footnotes of note: F2 indicates some shares are held by the Alex Family Trust (Mr. Spero is a trustee); F3 notes some shares are restricted stock subject to forfeiture.
- Transaction code: S = Sale.
Context
Insider sales are common and can reflect many reasons (diversification, personal liquidity, scheduled plans) and do not by themselves indicate company performance. This report documents a sale, not a purchase or option exercise. Retail investors should consider this disclosure alongside broader insider activity, company fundamentals, and market context.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-25$66.00/sh−4,790$316,122→ 0 total(indirect: By Trust)
- 22,670(indirect: By Trust)
Common Stock
[F3][F2]
Footnotes (3)
- [F1]The price reported within column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $65.9901 to $66.0500, inclusive. The reporting person undertakes to provide to CAKE Corporation, any security holder of CAKE Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.
- [F2]Shares held by the Alex Family Trust of which Mr. Alex is a trustee.
- [F3]Shares of restricted stock subject to forfeiture.