A Cheesecake Factory Director Sells 1,958 Shares as the Stock Soars. Here's a Closer Look at the Transaction.
The restaurant chain reported a notable insider sale amid a 73% surge in stock price over the past year.
The Cheesecake Factory Director Janice L. Meyer sold 1,958 shares of the company's common stock on August 17, 2026, according to a recent SEC Form 4 filing. The transaction value was calculated at $109.36 per share based on the weighted average sale price, while the post-transaction value was $109.07 per share, based on the market close on that same day.
The Cheesecake Factory Incorporated, a leading casual dining restaurant chain, operates with approximately 48,400 employees and a market capitalization of $5.4 billion. The company's success is attributed to its iconic brand, proprietary bakery capabilities, and revenue generation through direct restaurant operations, product licensing, and wholesale bakery sales.
Brief written by urgent.news from Motley Fool's own syndicated text. Machine-written — may contain errors; check the original before relying on it.