Form 4 • Statement of Changes in Beneficial Ownership
Type
Sell
Net shares
+870
% of shares
5.87%
Amount (USD)
$43,780
Insider confidence score
86.3 out of 100
Positive
Negative
Security
Class A Common Stock, par value $0.001 per share
Action
Grant
Date
2026-03-01
Code
A
Net shares
+1,059.0
Acquired/Disposed
Acquired
Shares Owned Before
3,605.0
Shares Owned After
4,664.0
Security
Class A Common Stock, par value $0.001 per share
Action
Tax_withhold
Date
2026-03-01
Code
F
Net shares
-173.0
Price per Share
$96.01
Amount (USD)
$16,609.73
Acquired/Disposed
Disposed
Shares Owned Before
921.0
Shares Owned After
748.0
Security
Class A Common Stock, par value $0.001 per share
Action
Tax_withhold
Date
2026-03-01
Code
F
Net shares
-132.0
Price per Share
$96.01
Amount (USD)
$12,673.32
Acquired/Disposed
Disposed
Shares Owned Before
700.0
Shares Owned After
568.0
Security
Class A Common Stock, par value $0.001 per share
Action
Grant
Date
2026-03-01
Code
A
Net shares
+267.0
Acquired/Disposed
Acquired
Shares Owned Before
4,664.0
Shares Owned After
4,931.0
Security
Class A Common Stock, par value $0.001 per share
Action
Tax_withhold
Date
2026-03-01
Code
F
Net shares
-151.0
Price per Share
$96.01
Amount (USD)
$14,497.51
Acquired/Disposed
Disposed
Shares Owned Before
4,931.0
Shares Owned After
4,780.0
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.