Robert Lynch - 01 Mar 2026 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role: Chief Executive Officer, Director
Signature: /s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Robert Lynch
Issuer symbol: SHAK
Transactions as of: 01 Mar 2026
Net transactions value: -$185,587
Form type: 4
Filing time: 03 Mar 2026, 19:54:00 UTC
Previous filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Lynch Robert	Chief Executive Officer, Director	C/O SHAKE SHACK INC., 225 VARICK STREET, SUITE 301, NEW YORK	/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Robert Lynch	03 Mar 2026	0001786642

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHAK	Class A Common Stock	Award	$0	+26,685	+55%	$0.000000	74,778	01 Mar 2026	Direct	F1
transaction	SHAK	Class A Common Stock	Tax liability	$185,587	-1,933	-2.6%	$96.01	72,845	01 Mar 2026	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Class A common stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by Mr. Lynch. On March 1, 2026, pursuant to the Issuer's 2025 Incentive Award Plan, Mr. Lynch was awarded restricted stock units representing the right to receive Class A Stock of the Issuer. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 3 equal installments on each of March 1, 2027, March 1, 2028, and March 1, 2029.
F2	Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Mr. Lynch on March 1, 2025 pursuant to the Issuer's 2025 Incentive Award Plan. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 3 equal installments on each of March 1, 2026, March 1, 2027, and March 1, 2028.

Content

Represents shares of Class A common stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by Mr. Lynch. On March 1, 2026, pursuant to the Issuer's 2025 Incentive Award Plan, Mr. Lynch was awarded restricted stock units representing the right to receive Class A Stock of the Issuer. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 3 equal installments on each of March 1, 2027, March 1, 2028, and March 1, 2029.

Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Mr. Lynch on March 1, 2025 pursuant to the Issuer's 2025 Incentive Award Plan. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 3 equal installments on each of March 1, 2026, March 1, 2027, and March 1, 2028.