| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$32K | -233 | -0.74% | $137.35 | 31.1K | Dec 11, 2024 | Direct | F1, F2 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$12.1K | -88 | -0.28% | $137.91 | 31K | Dec 11, 2024 | Direct | F1, F3 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$29.9K | -218 | -0.7% | $137.34 | 30.8K | Dec 11, 2024 | Direct | F1, F4 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$14.2K | -103 | -0.33% | $137.91 | 30.7K | Dec 11, 2024 | Direct | F1, F5 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$67.6K | -500 | -1.63% | $135.24 | 30.2K | Dec 12, 2024 | Direct | F1, F6 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$14.7K | -108 | -0.36% | $136.05 | 30.1K | Dec 12, 2024 | Direct | F1, F7 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$4.67K | -34 | -0.11% | $137.47 | 30.1K | Dec 12, 2024 | Direct | F1, F8 |
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 on March 13, 2024. |
| F2 | The transaction was executed in multiple trades at prices ranging from $136.74 to $137.7399. 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 (8) were effected. |
| F3 | The transaction was executed in multiple trades at prices ranging from $137.74 to $138.7399. The price reported above reflects the weighted average sales price. |
| F4 | The transaction was executed in multiple trades at prices ranging from $136.755 to $137.7549. The price reported above reflects the weighted average sales price. |
| F5 | The transaction was executed in multiple trades at prices ranging from $ to $137.755 to $138.7549. The price reported above reflects the weighted average sales price. |
| F6 | The transaction was executed in multiple trades at prices ranging from $134.8100 to $135.8099. The price reported above reflects the weighted average sales price. |
| F7 | The transaction was executed in multiple trades at prices ranging from $135.8100 to $136.8099. The price reported above reflects the weighted average sales price. |
| F8 | The transaction was executed in multiple trades at prices ranging from $136.8100 to $137.8099. The price reported above reflects the weighted average sales price. |