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Cheesecake Factory CEO Sells Big Stake | Business and Finance News

Cheesecake Factory CEO Sells Big Stake | Business and Finance News

Published 1 week, 6 days ago
Description

Cheesecake Factory CEO David Gordon cashed in nearly $3.5 million in stock just after a 81% surge, selling shares at $110 each — a savvy move to lock in gains before options expire. Though his direct ownership dropped 54%, the company’s $4B revenue and expansion via its healthy-eating brand Flower Child signal continued growth. This isn’t a warning sign — it’s a smart play by an insider betting on the company’s future.

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