| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$75.2K | -605 | -1.69% | $124.26 | 35.3K | Nov 5, 2024 | Direct | F1, F2 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$145K | -1.16K | -3.28% | $125.21 | 34.1K | Nov 5, 2024 | Direct | F1, F3 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$157K | -1.24K | -3.63% | $126.51 | 32.9K | Nov 5, 2024 | Direct | F1, F4 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$68K | -535 | -1.63% | $127.09 | 32.3K | Nov 5, 2024 | Direct | F1, F5 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$9.46K | -76 | -0.24% | $124.41 | 32.2K | Nov 5, 2024 | Direct | F1, F6 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$9.89K | -79 | -0.24% | $125.17 | 32.2K | Nov 5, 2024 | Direct | F1, F7 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$15.4K | -122 | -0.38% | $126.56 | 32K | Nov 5, 2024 | Direct | F1, F8 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$5.59K | -44 | -0.14% | $127.07 | 32K | Nov 5, 2024 | Direct | F1, F9 |
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 transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 13, 2024. |
| F2 | The transaction was executed in multiple trades at prices ranging from $123.79 to $124.7899. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Shake Shake Inc. (the "Issuer") or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions set forth in footnotes (2) through (9) were effected. |
| F3 | The transaction was executed in multiple trades at prices ranging from $124.79 to $125.7899. The price reported above reflects the weighted average sales price. |
| F4 | The transaction was executed in multiple trades at prices ranging from $125.79 to $126.7899. The price reported above reflects the weighted average sales price. |
| F5 | The transaction was executed in multiple trades at prices ranging from $126.79 to $127.7899. The price reported above reflects the weighted average sales price. |
| F6 | The transaction was executed in multiple trades at prices ranging from $123.95 to $124.9499. The price reported above reflects the weighted average sales price. |
| F7 | The transaction was executed in multiple trades at prices ranging from $124.95 to $125.9499. The price reported above reflects the weighted average sales price. |
| F8 | The transaction was executed in multiple trades at prices ranging from $125.95 to $126.9499. The price reported above reflects the weighted average sales price. |
| F9 | The transaction was executed in multiple trades at prices ranging from $126.95 to $127.9499. The price reported above reflects the weighted average sales price. |