Shake Shack Inc. — Director's Dealing 2025

Jul 10, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2025-07-07

Reporting Person: Fogertey Katherine Irene (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-07-07	Class A Common Stock	S	692	$140.3976	Disposed	34496	Direct
2025-07-07	Class A Common Stock	S	1243	$141.7171	Disposed	33253	Direct
2025-07-07	Class A Common Stock	S	88	$142.0255	Disposed	33165	Direct
2025-07-08	Class A Common Stock	S	670	$140.0253	Disposed	32495	Direct

Footnotes

F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on March 11, 2025.

F2: The transaction was executed in multiple trades at prices ranging from $140.00 to $140.9999. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Shake Shake Inc. (the "Issuer") or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions in footnotes (2) though (5) were effected.

F3: The transaction was executed in multiple trades at prices ranging from $141.00 to $141.9999. The price reported above reflects the weighted average sales price.

F4: The transaction was executed in multiple trades at prices ranging from $142.00 to $142.9999. The price reported above reflects the weighted average sales price.

F5: The transaction was executed in multiple trades at prices ranging from $140.00 to $140.9999. The price reported above reflects the weighted average sales price.