Shake Shack Inc. - 01 Mar 2026 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Role: Corporate Controller
Signature: /s/ Ronald Palmese, Jr. Esq., Attorney-in-Fact for Peter Herpich
Issuer symbol: SHAK
Transactions as of: 01 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 04 Mar 2026, 17:39:53 UTC
Previous filing: 04 Mar 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Shake Shack Inc.	Corporate Controller	C/O SHAKE SHACK INC., 225 VARICK STREET, SUITE 301, NEW YORK	/s/ Ronald Palmese, Jr. Esq., Attorney-in-Fact for Peter Herpich	04 Mar 2026	0001620533

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	Award		+1,059	+29%	$0.000000^*	4,664	01 Mar 2026	Direct	F1
transaction	SHAK	Class A Common Stock, par value $0.001 per share	Tax liability		-173	-19%	$96.01^*	748	01 Mar 2026	Direct	F2
transaction	SHAK	Class A Common Stock, par value $0.001 per share	Tax liability		-132	-19%	$96.01^*	568	01 Mar 2026	Direct	F3
transaction	SHAK	Class A Common Stock, par value $0.001 per share	Award		+267	+5.7%	$0.000000^*	4,931	01 Mar 2026	Direct	F4
transaction	SHAK	Class A Common Stock, par value $0.001 per share	Tax liability		-151	-3.1%	$96.01^*	4,780	01 Mar 2026	Direct	F5
holding	SHAK	Class A Common Stock, par value $0.001 per share						167	01 Mar 2026	Direct

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

Explanation of Responses:

Id	Content
F1	Represents shares of Class A common stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by Mr. Herpich. On March 1, 2026, pursuant to the Issuer's 2025 Incentive Award Plan, Mr. Herpich was awarded restricted stock units representing the right to receive Class A Stock of the Issuer. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 3 equal installments on each of March 1, 2027, March 1, 2028, and March 1, 2029.
F2	Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Mr. Herpich on March 1, 2025 pursuant to the Issuer's 2025 Incentive Award Plan.
F3	Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Mr. Herpich on March 1, 2024 pursuant to the Issuer's 2015 Incentive Award Plan, as amended.
F4	Represents shares of Class A Stock of the Issuer underlying restricted stock units acquired by Mr. Herpich upon the Issuer's achievement of certain performance targets for certain performance criteria for fiscal year 2024. On March 1, 2025, pursuant to the Issuer's 2025 Incentive Award Plan, Mr. Herpich was awarded performance stock units that issue into restricted stock units representing the right to receive Class A Stock of the Issuer. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 4 equal installments on each of March 1, 2025, March 1, 2026, March 1, 2027, and March 1, 2028.
F5	Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Mr. Herpich upon the Issuer's achievement of certain performance criteria measured over a 1 year period for fiscal 2024.