Shake Shack Inc. — Director's Dealing 2026

Mar 4, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shake Shack Inc. (SHAK)
CIK: 0001620533
Period of Report: 2026-03-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-03-01	Class A Common Stock	A	26685	—	Acquired	74778	Direct
2026-03-01	Class A Common Stock	F	1933	$96.01	Disposed	72845	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 Mr. Lynch. On March 1, 2026, pursuant to the Issuer's 2025 Incentive Award Plan, Mr. Lynch was awarded 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 3 equal installments on each of March 1, 2027, March 1, 2028, and March 1, 2029.

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 Mr. Lynch on March 1, 2025 pursuant to the Issuer's 2025 Incentive Award Plan. 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, and March 1, 2028.