Carango Keith

Cheesecake Factory pres of subsidiary Carango sells 50,500 shares at $55.12 for $2.8M, reducing holdings 70.9%.

Carango Keith, President of a Cheesecake Factory subsidiary, executed 4 separate sales on 2025-05-28 totaling 50,500 shares at $55.12 for $2,783,378.20, reducing his holdings from 71,274 to 20,774 shares. The sale occurred near the 52-week high of $56.71 (-1.9%), and the stock is up 12.0% over the past 30 days. Across his open-market history, his 2 prior sells averaged a 90-day return of +12.9%, and at Cheesecake Factory specifically, his 2 prior sales on 2024-11-06 posted 90-day returns of +12.8% and +13.0% — meaning the stock rose after those prior sales, indicating none were well-timed (0 of 2 prior sells were well-timed at the 90-day mark). This filing does not indicate a 10b5-1 trading plan, so the timing and scale warrant observation against his historical pattern of sales that were followed by gains rather than declines.

Cheesecake Factory president subsidiary officer Keith Carango sold 13,095 shares for $653,236.87 on 11/6/24 at $49.88 avg, cutting holdings 46.6%

Carango executed 2 separate sales totaling 13,095 shares (13.1K shares) for $653,236.87 ($653.2K) at a blended average price of $49.88, reducing his post-transaction holdings from 28,072 shares to 14,977 shares—a 46.6% reduction in position size. The transaction prices of $49.89 and $49.81 sit near the stock's 52-week high of $49.40 and represent a 7.2% premium to the current price of $46.55, indicating the sales occurred during a relative strength period. As a subsidiary president, Carango's substantial reduction in equity ownership merits investor attention, particularly given the magnitude of the position reduction and the elevated valuation context relative to recent trading levels.