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Shake Shack Inc. Director's Dealing 2025

Mar 5, 2025

31166_dirs_2025-03-04_5ccaf1ad-cb0e-48a1-a6a6-d12349c18446.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: 2025-03-01

Reporting Person: Fogertey Katherine Irene (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-03-01 CLASS A COMMON STOCK A 3315 Acquired 33390 Direct
2025-03-01 CLASS A COMMON STOCK F 1007 $108.60 Disposed 32383 Direct
2025-03-01 CLASS A COMMON STOCK F 1016 $108.60 Disposed 31367 Direct
2025-03-01 CLASS A COMMON STOCK F 353 $108.60 Disposed 31014 Direct
2025-03-01 CLASS A COMMON STOCK A 8851 Acquired 39865 Direct
2025-03-01 CLASS A COMMON STOCK F 3567 $108.60 Disposed 36298 Direct
2025-03-01 CLASS A COMMON STOCK A 3990 Acquired 40288 Direct
2025-03-01 CLASS A COMMON STOCK F 402 $108.60 Disposed 39886 Direct

Footnotes

F1: Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by Ms. Fogertey. On March 1, 2025, pursuant to the Issuer's 2025 Incentive Award Plan, Ms.Fogertey was awarded restricted stock units that represent 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, 2026, March 1, 2027, March 1, 2028.

F2: Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey on March 1, 2022 pursuant to the Issuer's 2015 Incentive Award Plan, as amended. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 4 equal installments on March 1, 2023, March 1, 2024, March 1, 2025, and March 1, 2026.

F3: Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey on March 1, 2023 pursuant to the Issuer's 2015 Incentive Award Plan, as amended. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 4 equal installments on March 1, 2024, March 1, 2025, March 1, 2026, and March 1, 2027.

F4: Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey on March 1, 2024 pursuant to the Issuer's 2015 Incentive Award Plan, as amended. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 4 equal installments on March 1, 2025, March 1, 2026, March 1, 2027, and March 1, 2028.

F5: Represents shares of Class A Stock of the Issuer underlying restricted stock units acquired by Ms. Fogertey upon the Issuer's achievement of certain performance criteria measured over a 3-year cumulative period through fiscal year 2024, as certified by the Issuer's Compensation Committee on January 28, 2025. On November 15, 2021, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, Ms. Fogertey 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 1 installment on March 1, 2025.

F6: Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey upon the Issuer's achievement of certain performance criteria measured over a 3-year cumulative period through fiscal year 2024, as certified by the Issuer's Compensation Committee on January 28, 2025.

F7: Represents shares of Class A Stock of the Issuer underlying restricted stock units acquired by Ms. Fogertey upon the Issuer's achievement of certain performance criteria for fiscal year 2024, as certified by the Issuer's Compensation Committee on January 28, 2025. On March 1, 2024, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, Ms. Fogertey 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.

F8: Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey upon the Issuer's achievement of certain performance criteria for fiscal year 2024, as certified by the Issuer's Compensation Committee on January 28, 2025.