| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$4.61K | -35 | -0.11% | $131.69 | 32K | Nov 6, 2024 | Direct | F1, F2 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$17.3K | -130 | -0.41% | $132.80 | 31.8K | Nov 6, 2024 | Direct | F1, F3 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$10.8K | -81 | -0.25% | $133.66 | 31.8K | Nov 6, 2024 | Direct | F1, F4 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$10.1K | -75 | -0.24% | $134.27 | 31.7K | Nov 6, 2024 | Direct | F1, F5 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$4.61K | -35 | -0.11% | $131.69 | 31.6K | Nov 6, 2024 | Direct | F1, F6 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$21.2K | -160 | -0.51% | $132.79 | 31.5K | Nov 6, 2024 | Direct | F1, F3 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$4.83K | -36 | -0.11% | $134.03 | 31.4K | Nov 6, 2024 | Direct | F1, F4 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$12.1K | -90 | -0.29% | $134.33 | 31.4K | Nov 6, 2024 | Direct | F1, F7 |
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 $131.215 to $132.2149. 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 (7) were effected. |
| F3 | The transaction was executed in multiple trades at prices ranging from $132.215 to $133.2149. The price reported above reflects the weighted average sales price. |
| F4 | The transaction was executed in multiple trades at prices ranging from $133.215 to $134.2149. The price reported above reflects the weighted average sales price. |
| F5 | The transaction was executed in multiple trades at prices ranging from $134.215 to $134.565. The price reported above reflects the weighted average sales price. |
| F6 | The transaction was executed in multiple trades at prices ranging from $131.215 to $132.2149. The price reported above reflects the weighted average sales price. |
| F7 | The transaction was executed in multiple trades at prices ranging from $134.215 to $134.525. The price reported above reflects the weighted average sales price. |