Shake Shack Inc. — Director's Dealing 2023

Dec 28, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2023-12-26

Reporting Person: Flug Jeffrey (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-26	Class A Common Stock	S	771	$75.0677	Disposed	5740	Direct

Footnotes

F1: The transaction reported on this Form 4 was effected automatically pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on May 18, 2023.

F2: The price reported above reflects the average weighted sales price. The transaction was executed in multiple trades at prices ranging from $75.02 to $75.14. Mr. Flug hereby undertakes to provide upon request to the SEC Staff, Shake Shack Inc. (the "Issuer") or a security holder of the Issuer full information of the number of shares and prices at which the transaction was effected.