Doug Benn

All filings by Doug Benn on record concern Cheesecake Factory Inc. Between 5 February 2009 and 24 April 2017, the trades on record add up to 105 filings.

Market trades split into 16 purchases (€127k) and 49 sales (€8.4M). Sales outweigh purchases by €8.3M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The rest of the record consists of 22 share grants and 17 option exercises. 2017 to date brings no purchases and 5 sales.

The median purchase comes to €2,200. For 16 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 100% of cases, with a median move of +9.3%. They describe history only and say nothing certain about the share price ahead.

The latest filing, published on 25 April 2017, reports an option exercise of €499k in Cheesecake Factory Inc. The latest purchase dates back some time: it was published 5,575 days ago, on 4 August 2011. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 1 day. US insiders must file a Form 4 within two business days of a trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.