Trade Summary
2 days ago, Clark Matthew Eliot, serving as EVP, CFO at Cheesecake Factory Inc (CAKE), sold 7,000 shares at $65.70 per share, for a total transaction value of $459,900.00. Following this transaction, Clark Matthew Eliot now holds 82,388 shares of CAKE.
This sale represents a 8.00% decrease in Clark Matthew Eliot's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, February 25, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, February 26, 2026, 1 day after the trade was made.
Cheesecake Factory Inc operates in the CONSUMER CYCLICAL sector, specifically within the RESTAURANTS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.