Scarlett May, EVP, General Counsel of The Cheesecake Factory (CAKE +0.00%), reported an open-market sale of 5,206 common shares for a total consideration of approximately $328,000, according to a SEC Form 4 filing. Transaction summary Metric Value Shares sold (direct) 5,206 Transaction value ~$328,000 Post-transaction shares (direct) 25,715 Post-transaction value (direct ownership) ~$1.61 million ...
Scarlett May, EVP, General Counsel of The Cheesecake Factory (CAKE +0.00%), reported an open-market sale of 5,206 common shares for a total consideration of approximately $328,000, according to a SEC Form 4 filing. Transaction summary Metric Value Shares sold (direct) 5,206 Transaction value ~$328,000 Post-transaction shares (direct) 25,715 Post-transaction value (direct ownership) ~$1.61 million Transaction value based on SEC Form 4 weighted average purchase price ($62.95); post-transaction value based on March 10, 2026 market close ($62.95). Key questions How does the size of this sale compare to Scarlett’s recent insider activity? This sale (5,206 shares) is significantly smaller than her median sell transaction (18,800 shares) over the past year’s span. This sale (5,206 shares) is significantly smaller than her median sell transaction (18,800 shares) over the past year’s span. How significant is the reduction in direct holdings from this sale? The sale represented 16.84% of Scarlett’s direct holdings at the time, leaving her with 25,715 vested shares. Expand NASDAQ : CAKE Cheesecake Factory Today's Change ( 0.00 %) $ 0.00 Current Price $ 57.21 Key Data Points Market Cap $2.8B Day's Range $ 56.94 - $ 58.17 52wk Range $ 42.69 - $ 69.70 Volume 53K Avg Vol 1.4M Gross Margin 13.40 % Dividend Yield 1.94 % Company overview Metric Value Revenue (TTM) $3.75 billion Net income (TTM) $148.43 million Dividend yield 2.10% 1-year price change (as of 3/21/26) 18.40% Company snapshot The Cheesecake Factory is a leading operator in the casual dining segment, operating approximately 306 restaurants across the U.S., Canada, and international markets under multiple brands, with significant revenue from restaurant sales and bakery product distribution. What this transaction means for investors It should be noted that in May’s filing, she holds 31,734 restricted shares of common stock that are subject to forfeiture if she fails to meet the conditions required for vesting. These condi...
Trump HHS Launches Probe Into 13 States Over Abortion Coverage Mandates The U.S. Department of Health and Human Services (HHS), Office for Civil Rights (OCR), is investigating 13 Democrat-run states for allegedly forcing employers' health insurance plans to cover abortions. Officials say these rules trample the Weldon Amendment's federal conscience protections. The Weldon amendment blocks states f...
Trump HHS Launches Probe Into 13 States Over Abortion Coverage Mandates The U.S. Department of Health and Human Services (HHS), Office for Civil Rights (OCR), is investigating 13 Democrat-run states for allegedly forcing employers' health insurance plans to cover abortions. Officials say these rules trample the Weldon Amendment's federal conscience protections. The Weldon amendment blocks states from punishing health insurers, plans, or providers who refuse to pay for, provide, or refer for abortions on moral or religious grounds, and has appeared in every HHS spending bill alongside the Hyde Amendment since 2005. “OCR launches these investigations to address certain states’ alleged disregard of, or confusion about, compliance with the Weldon Amendment,” Paula M. Stannard, HHS Director of the Office for Civil Rights, said in a statement. “Under the Weldon Amendment, health care entities, such as health insurance issuers and health plans, are protected from state discrimination for not paying for, or providing coverage of, abortion contrary to conscience. Period.” The states targeted in the investigation are California, Colorado, Delaware, Illinois, Maine, Maryland, Massachusetts, Minnesota, New Jersey, New York, Oregon, Vermont, and Washington, all of which require state-regulated plans to include abortion coverage without any exceptions. HHS framed the investigation as the Trump administration delivering on a core promise. “Today’s announcement advances an Administration promise, corrects misguided legal interpretations of laws that OCR enforces, and builds on HHS’ recent efforts to enforce conscience rights and protect human life.” The office sent letters this week demanding details from the states. Non-compliance could result in billions of dollars in Medicaid funds being withheld. This isn’t the Trump administration’s first rodeo either. During his first term, Trump’s HHS Department hit California with a Notice of Violation over its abortion mandate, threatening...
(RTTNews) - Willis, a WTW business (WTW), announced a partnership with Circle Asia to launch a new art insurance facility tailored for individual collectors and art galleries in Asia. This marks the first facility of its kind in the region, combining Willis's specialist art insurance expertise with Circle's digital platform to provide a seamless and cost-effective solution for insuring fine art, j...
(RTTNews) - Willis, a WTW business (WTW), announced a partnership with Circle Asia to launch a new art insurance facility tailored for individual collectors and art galleries in Asia. This marks the first facility of its kind in the region, combining Willis's specialist art insurance expertise with Circle's digital platform to provide a seamless and cost-effective solution for insuring fine art, jewellery, and specie collections. Traditionally, fine art insurance has required minimum value thresholds or premium commitments, limiting access for smaller collectors and galleries. The new facility lowers the entry premium significantly, making comprehensive coverage more accessible through a streamlined, single solution designed to meet the evolving needs of Asia's growing art market. In addition, the facility is well positioned to support one-off exhibition and transit coverage. These options benefit from robust insurance terms and expedited turnaround, offering collectors and galleries greater flexibility and protection for temporary or special arrangements. WTW shares closed at $291.25 on March 20, 2026, reflecting a gain of $4.03 or 1.40% during regular trading. In after-hours trading, the stock advanced further to $297.04, up $5.79 or 1.99%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.