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Shake Shack Inc. Director's Dealing 2025

May 29, 2025

31166_dirs_2025-05-28_e6332b8f-c8b9-4e42-a916-e6eb3088b649.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2025-05-23

Reporting Person: Lynch Robert (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-05-23 CLASS A COMMON STOCK F 2312 $117.62 Disposed 51792 Direct
2025-05-23 CLASS A COMMON STOCK F 3699 $117.62 Disposed 48093 Direct

Footnotes

F1: Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") withheld for taxes upon the vesting of restricted stock units that were acquired by Mr. Lynch on May 23, 2024 pursuant to Lynch's Employment Agreement with the Issuer (the "Employment Agreement") and the Issuer's 2015 Incentive Award Plan, as amended (the "Incentive Award Plan"). The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 4 equal installments on each of May 23, 2025, May 23, 2026, May 23, 2027, and May 23, 2028.

F2: Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were acquired by Mr. Lynch on May 23, 2024 pursuant to Mr. Lynch's Employment Agreement and the Issuer's Incentive Award Plan. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 2 equal installments on each of May 23, 2025 and May 23, 2026.