Shake Shack Inc. — Director's Dealing 2024

Nov 1, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2024-10-30

Reporting Person: Meyer Daniel Harris (Director, 10% Owner)
Reporting Person: DANIEL H. MEYER 2012 GIFT TRUST U/A/D 10/31/12 (10% Owner)
Reporting Person: MEYER AUDREY H (10% Owner)
Reporting Person: McQuinn Michael C (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-10-30	Class A Common Stock, par value $0.001 per share	S	9848	$123.0725	Disposed	450489	Indirect
2024-10-30	Class A Common Stock, par value $0.001 per share	S	4679	$123.9648	Disposed	445810	Indirect
2024-10-30	Class A Common Stock, par value $0.001 per share	S	5473	$124.6979	Disposed	440337	Indirect
2024-10-30	Class A Common Stock, par value $0.001 per share	S	2691	$130.0022	Disposed	437646	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock, par value $0.001 per share	1305306	Indirect
Class A Common Stock, par value $0.001 per share	2958	Direct

Footnotes

F1: The transaction was executed in multiple trades at prices ranging from $122.5000 to $123.4999. 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") of the Issuer were disposed of by Mr. Meyer through the Investment Trust pursuant to a Rule 10b5-1 trading plan entered into on March 4, 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: The transaction was executed in multiple trades at prices ranging from $123.5000 to $124.4999. The price reported above reflects the weighted average sales price.

F5: The transaction was executed in multiple trades at prices ranging from $124.5000 to $125.4999. The price reported above reflects the weighted average sales price.

F6: The transaction was executed in multiple trades at prices ranging from $129.5000 to 130.0600. The price reported above reflects the weighted average sales price.

F7: 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 Persons' pecuniary interest therein.