Daniel Harris Meyer - 30 May 2025 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role: Director, 10%+ Owner
Signature: /s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Daniel Harris Meyer
Issuer symbol: SHAK
Transactions as of: 30 May 2025
Net transactions value: -$1,301,000
Form type: 4
Filing time: 03 Jun 2025, 18:53:14 UTC
Previous filing: 02 Apr 2025
Next filing: 06 Jun 2025
SEC: View on sec.gov

Reporting Owners (4)

Name	Relationship	Address	Signature	Signature date	CIK
Meyer Daniel Harris	Director, 10%+ Owner	C/O SHAKE SHACK INC., 225 VARICK STREET, SUITE 301, NEW YORK	/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Daniel Harris Meyer	03 Jun 2025	0001463932
DANIEL H. MEYER 2012 GIFT TRUST U/A/D 10/31/12	10%+ Owner	C/O SHAKE SHACK INC.,, 225 VARICK STREET, SUITE 301, NEW YORK	/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for DHM 2012 Gift Trust U/A/D 10/31/12	03 Jun 2025	0001633818
MEYER AUDREY H	10%+ Owner	C/O SHAKE SHACK INC., 225 VARICK STREET, SUITE 301, NEW YORK	/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Audrey H. Meyer	03 Jun 2025	0001633830
McQuinn Michael C	10%+ Owner	C/O SHAKE SHACK INC., 225 VARICK STREET, SUITE 301, NEW YORK	/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Michael C. McQuinn	03 Jun 2025	0001634102

Transactions Table

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	$1,301,000	-10,000	-2.5%	$130.10	396,636	30 May 2025	BY TRUST	F1, F2, F3
holding	SHAK	CLASS A COMMON STOCK						1,279,107	30 May 2025	By Trust	F4
holding	SHAK	Class A Common Stock, par value $0.001 per share						11,209	30 May 2025	Direct

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

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).

Explanation of Responses:

Id	Content
F1	The transaction was executed in multiple trades at prices ranging from $130.00 to $130.26. 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") were disposed of by Mr. Meyer through the Investment Trust pursuant to a Rule 10b5-1 trading plan entered into on November 15, 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	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 Person's pecuniary interest therein.