Cheesecake Factory EVP Sells $327,717 in Stock

Scarlett May, the Executive Vice President, reduced her stake in the restaurant chain by 16.84%

Mar. 12, 2026 at 12:51am

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Scarlett May, the Executive Vice President of The Cheesecake Factory Incorporated (NASDAQ:CAKE), sold 5,206 shares of the company's stock on March 10th. The shares were sold at an average price of $62.95, resulting in a total transaction value of $327,717.70. Following the sale, May directly owns 25,715 shares in the company, valued at approximately $1,618,759.25.

Why it matters

Insider transactions, such as this sale by an executive, can provide insights into a company's performance and the sentiment of its leadership. The sale represents a 16.84% decrease in May's position, which could signal a shift in her outlook on the company's prospects.

The details

The transaction was disclosed in a filing with the SEC. May's sale comes as Cheesecake Factory's stock has traded in a range of $42.69 to $69.70 over the past year, with a current market capitalization of $3.02 billion.

  • The shares were sold on Tuesday, March 10th, 2026.

The players

Scarlett May

The Executive Vice President of The Cheesecake Factory Incorporated.

The Cheesecake Factory Incorporated

An American restaurant company and distributor renowned for its full-service casual-dining concept and specialty cheesecakes, headquartered in Calabasas Hills, California.

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The takeaway

This insider sale by a Cheesecake Factory executive could signal a shift in the company's outlook, though the reasons behind the transaction are not entirely clear. Investors will likely continue to monitor the company's performance and any further insider activity.