| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SHAK | Class A Common Stock, par value $0.001 per share | Sale | -$1.21M | -9.85K | -2.14% | $123.07 | 450K | Oct 30, 2024 | BY TRUST | F1, F2, F3 |
| transaction | SHAK | Class A Common Stock, par value $0.001 per share | Sale | -$580K | -4.68K | -1.04% | $123.96 | 446K | Oct 30, 2024 | BY TRUST | F2, F3, F4 |
| transaction | SHAK | Class A Common Stock, par value $0.001 per share | Sale | -$682K | -5.47K | -1.23% | $124.70 | 440K | Oct 30, 2024 | BY TRUST | F2, F3, F5 |
| transaction | SHAK | Class A Common Stock, par value $0.001 per share | Sale | -$350K | -2.69K | -0.61% | $130.00 | 438K | Oct 30, 2024 | BY TRUST | F2, F3, F6 |
| holding | SHAK | Class A Common Stock, par value $0.001 per share | 1.31M | Oct 30, 2024 | BY TRUST | F7 | |||||
| holding | SHAK | Class A Common Stock, par value $0.001 per share | 2.96K | Oct 30, 2024 | Direct |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The transaction was executed in multiple trades at prices ranging from $122.5000 to $123.4999. The price reported above reflects the weighted average sales price. |
| F2 | The Daniel H. Meyer Investment Trust (the "Investment Trust") hereby undertakes to provide upon request to the SEC staff, Shake Shack Inc. (the "Issuer") or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F3 | Shares of Class A common stock ("Class A Stock") of the Issuer were disposed of by Mr. Meyer through the Investment Trust pursuant to a Rule 10b5-1 trading plan entered into on March 4, 2024. Mr. Meyer is the grantor, trustee and beneficiary of the Investment Trust. Mr. Meyer disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| F4 | The transaction was executed in multiple trades at prices ranging from $123.5000 to $124.4999. The price reported above reflects the weighted average sales price. |
| F5 | The transaction was executed in multiple trades at prices ranging from $124.5000 to $125.4999. The price reported above reflects the weighted average sales price. |
| F6 | The transaction was executed in multiple trades at prices ranging from $129.5000 to 130.0600. The price reported above reflects the weighted average sales price. |
| F7 | Represents shares of Class A Stock of the Issuer held by the DHM 2012 Gift Trust, of which Mr. Meyer's spouse is a co-trustee and beneficiary. Mr. McQuinn is a co-trustee. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of such Reporting Persons' pecuniary interest therein. |