Trade Summary
5 days ago, May Scarlett, serving as EVP, GC at Cheesecake Factory Inc (CAKE), sold 5,206 shares at $62.95 per share, for a total transaction value of $327,708.00. Following this transaction, May Scarlett now holds 57,449 shares of CAKE.
This sale represents a 8.00% decrease in May Scarlett's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, March 10, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, March 11, 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.