Shake Shack (SHAK) controller details stock and RSU holdings in Form 3

Rhea-AI Filing Summary

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.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Herpich Peter M

Role Corporate Controller

Type	Security	Shares	Price	Value
holding	Class A Common Stock, par value $0.001 per share	--	--	--
holding	Class A Common Stock, par value $0.001 per share	--	--	--

Holdings After Transaction: Class A Common Stock, par value $0.001 per share — 3,605 shares (Direct)

Footnotes (1)

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Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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1. Name and Address of Reporting Person^*

Herpich Peter M

(Last) (First) (Middle)

C/O SHAKE SHACK INC.

225 VARICK STREET, SUITE 301

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/23/2026

3. Issuer Name and Ticker or Trading Symbol
Shake Shack Inc. [ SHAK ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Corporate Controller

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock, par value $0.001 per share	3,605(1)	D
Class A Common Stock, par value $0.001 per share	167	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units ("RSUs") acquired by the Reporting Person pursuant to the Issuer's 2015 Incentive Award Plan, as amended, and 2025 Incentive Award Plan. The RSUs representing the right to receive Class A Stock of the Issuer vest in installments starting June 15, 2024 and ending December 15, 2028, subject to the Reporting Person's continued service with the Issuer.

Remarks:

Power of Attorney Attached.

	/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Peter Herpich	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Peter Herpich’s Form 3 show for Shake Shack (SHAK)?

Peter M. Herpich’s Form 3 shows his initial beneficial ownership of Shake Shack Class A Common Stock. He directly holds 3,605 shares and has 167 additional shares underlying restricted stock units that vest over time under the company’s equity incentive plans.

How many Shake Shack (SHAK) shares does Peter Herpich directly own?

Peter Herpich directly owns 3,605 shares of Shake Shack’s Class A Common Stock. This figure reflects his direct equity position as reported in his initial Form 3 filing and does not include the additional shares underlying his restricted stock units.

What restricted stock units does Peter Herpich hold in Shake Shack (SHAK)?

Peter Herpich holds restricted stock units representing 167 shares of Shake Shack Class A Common Stock. These RSUs were granted under the 2015 and 2025 Incentive Award Plans and convert into shares as they vest, adding to his overall equity exposure.

When do Peter Herpich’s Shake Shack (SHAK) RSUs vest?

Peter Herpich’s restricted stock units vest in installments from June 15, 2024 through December 15, 2028. Each vesting installment is conditioned on his continued service with Shake Shack, gradually delivering Class A shares over this multi-year period.

Are Peter Herpich’s Shake Shack (SHAK) RSUs tied to specific company plans?

Yes, Peter Herpich’s RSUs were granted under Shake Shack’s 2015 Incentive Award Plan, as amended, and its 2025 Incentive Award Plan. These plans govern equity awards to employees and executives, including vesting schedules and conditions linked to continued service.