Welcome to our dedicated page for Shake Shack SEC filings (Ticker: SHAK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page compiles U.S. Securities and Exchange Commission filings for Shake Shack Inc. (NYSE: SHAK), a restaurant company known for its Shacks serving elevated American classics. Through these filings, investors can review how the company reports on its financial performance, restaurant base and capital structure under U.S. securities laws.
Shake Shack’s SEC submissions include periodic reports and current reports on Form 8-K. Recent 8-K filings have furnished press releases and shareholder letters that present preliminary unaudited results for fiscal quarters and years, including details on Shack sales, licensing revenue, system-wide sales, restaurant-level profit and restaurant-level profit margin. These documents also describe non-GAAP measures such as EBITDA, Adjusted EBITDA and adjusted pro forma net income, along with the company’s definitions and explanations of how management uses these metrics to evaluate Shack performance and develop budgets and forecasts.
Other 8-K filings address corporate events such as leadership transitions, including the planned departure of the Chief Financial Officer and related transition and advisory arrangements. These filings can provide insight into compensation terms, equity awards and the company’s approach to continuity in financial leadership. Additional disclosures may cover guidance updates, three-year financial targets and the use of non-GAAP measures alongside GAAP results.
On Stock Titan, Shake Shack’s filings are updated as they are made available on EDGAR, and AI-powered summaries help explain the key points in complex documents such as earnings-related 8-Ks and accompanying exhibits. Users can quickly identify information on revenue composition, restaurant-level profitability, non-GAAP reconciliations and material corporate events, and then drill into the full filings for more detailed analysis of SHAK’s regulatory disclosures.
Shake Shack Inc. uses a fine-casual model to serve premium burgers, chicken, shakes and beverages, growing from a single 2004 New York kiosk to 659 system-wide Shacks as of December 31, 2025. Of these, 373 are Company-operated and 286 are licensed across major global cities.
The company is pursuing an aggressive expansion strategy, opening 80 net new Shacks in 2025 and targeting about 1,500 Company-operated locations over time. Average investment per new Shack was about $2.3 million, or $1.9 million net of landlord allowances, with build times generally between 15 and 37 weeks.
Shake Shack emphasizes culture and human capital, employing 13,873 team members as of December 31, 2025 and running multi-week leadership programs plus equity incentives for managers. It is also investing heavily in digital channels, kiosks, personalized offers, and loyalty-style “challenges” to deepen guest engagement and drive repeat visits.
Shake Shack Inc. reported strong fourth-quarter and full-year 2025 results, highlighting double-digit growth and expanding profitability. For Q4 2025, total revenue reached $400.5 million, up 21.9% year-over-year, with Shack sales of $385.3 million and licensing revenue of $15.2 million. Same-Shack sales grew 2.1%, marking the 20th consecutive quarter of positive comparable sales. Restaurant-level profit was $87.4 million, maintaining a 22.7% margin, while net income was $13.0 million and adjusted EBITDA was $56.1 million.
For fiscal 2025, revenue grew 15.4% to $1.45 billion, system-wide sales were $2.23 billion, and same-Shack sales increased 2.3%. Restaurant-level profit rose to $314.5 million with a 22.6% margin, net income was $49.7 million, and adjusted EBITDA reached $209.9 million. The company opened 45 new Company-operated and 40 licensed Shacks, reduced average new-build costs to under $2 million, and ended the year with 659 system-wide locations. Management outlined 2026 guidance, including 55–60 new Company-operated Shacks, 40–45 licensed openings, revenue of $1.6–$1.7 billion and targeted restaurant-level margins of 23.0%–23.5%.
Shake Shack Inc. Corporate Controller Peter M. Herpich filed an initial statement of beneficial ownership of the company’s Class A Common Stock. He reports direct ownership of 3,605 shares, plus 167 additional shares underlying restricted stock units granted under the company’s 2015 and 2025 Incentive Award Plans.
The RSUs represent the right to receive Class A stock that vests in installments between June 15, 2024 and December 15, 2028, contingent on his continued service with Shake Shack. This filing outlines his starting equity position as an executive officer rather than documenting an open-market trade.
Shake Shack Inc. appointed its current Corporate Controller, Peter Herpich, to serve as principal financial officer on an interim basis. This follows the previously disclosed resignation of Chief Financial Officer Katherine Fogertey, who remains a Senior Advisor to the company until March 4, 2026.
Herpich, age 55, has been Senior Vice President, Corporate Controller since joining Shake Shack in May 2023, after senior finance roles at Casper Inc. and Barnes & Noble, Inc. The company has begun a search for a new Chief Financial Officer. The filing states there are no special arrangements or family relationships related to his interim designation and no related-party transactions requiring disclosure.
Wellington Management Group and affiliates have disclosed a sizable passive stake in Shake Shack Inc. As of December 31, 2025, the Wellington entities report beneficial ownership of 2,998,240 shares of Shake Shack common stock, representing about 7.4–7.45% of the outstanding class.
The filing shows shared voting power over 2,146,218 shares and shared dispositive power over 2,998,240 shares for several related Wellington partnerships. The shares are held of record by clients of Wellington’s investment advisers, who retain rights to dividends and sale proceeds. Wellington certifies the holdings are maintained in the ordinary course of business and not for the purpose of changing or influencing control of Shake Shack.
Shake Shack Inc.'s Chief Operations Officer, Stephanie Ann Sentell, reported a small automatic sale of company stock. On January 20, 2026, she sold 200 shares of Shake Shack Class A Common Stock at a price of $99.19 per share. After this transaction, she continued to hold 9,507 shares directly.
The sale was made under a Rule 10b5-1 trading plan that was previously established on August 22, 2025. These plans are pre-arranged trading programs that allow insiders to sell shares on a scheduled basis, helping separate their trading activity from day-to-day corporate developments.
Shake Shack Inc. reported that it has released a press release with preliminary, unaudited results for its fiscal fourth quarter and full year ended December 31, 2025. These early figures are being shared ahead of final audited results to give the market an initial view of performance.
The company is also presenting these preliminary results at the 28th Annual ICR Conference on January 12, 2026, with a live webcast available through its investor relations website. The press release containing the detailed financial information is furnished as an exhibit and is not incorporated into other securities filings unless specifically referenced.
Shake Shack Inc. director and 10% owner Daniel Harris Meyer reported an option exercise and share acquisition. On January 7, 2026, a stock option to buy 2,003 shares of Class A common stock at an exercise price of $34.62 per share was exercised, converting into the same number of Class A shares. Following this transaction, Mr. Meyer directly held 13,322 Class A shares.
In addition to his direct holdings, the filing lists indirect ownership through trusts. The Daniel H. Meyer Investment Trust held 337,984 Class A shares, and the DHM 2012 Gift Trust held 1,279,107 Class A shares, with the reporting persons disclaiming beneficial ownership except to the extent of their pecuniary interests.
Shake Shack Inc. reported an insider stock sale by its Chief Operations Officer, Stephanie Sentell. On 12/19/2025, she sold 200 shares of Class A common stock at $85.78 per share in a transaction coded "S" for sale. After this trade, she beneficially owned 9,707 shares directly.
The filing notes that this transaction was carried out under a Rule 10b5-1 trading plan that was entered into on August 22, 2025, meaning the sale was pre-scheduled under a preset plan.
Shake Shack Inc. (SHAK) Chief Operations Officer Stephanie Sentell reported open-market sales of Class A common stock. On 11/25/2025, she sold 900 shares at a weighted average price of $85.03 and an additional 200 shares at a weighted average price of $85.65, for a total of 1,100 shares sold. The filing states these transactions were executed under a pre-arranged Rule 10b5-1 trading plan entered into on August 22, 2025. Following the reported sales, Sentell beneficially owns 9,907 shares of Shake Shack Class A common stock directly.