Shake Shack (SHAK) director receives 4,039-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chapman Charles J III reported acquisition or exercise transactions in this Form 4 filing.
Shake Shack Inc. director Charles J. Chapman III reported a compensation-related equity award rather than an open-market trade. On June 10, 2026, he received 4,039 shares of Class A Common Stock as restricted stock units valued at $54.48 per share under the company’s 2025 Incentive Award Plan and Non-Employee Director Compensation Policy.
These restricted stock units vest on June 10, 2027, subject to his continued service with the company. Following the award, Chapman directly holds 8,464 shares of Class A Common Stock, in addition to indirect holdings through retirement accounts that hold 220, 780, and 1,000 shares, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Chapman Charles J III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CLASS A COMMON STOCK | 4,039 | $54.48 | $220K |
| holding | CLASS A COMMON STOCK | -- | -- | -- |
| holding | CLASS A COMMON STOCK | -- | -- | -- |
| holding | CLASS A COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
CLASS A COMMON STOCK — 8,464 shares (Direct, null);
CLASS A COMMON STOCK — 1,000 shares (Indirect, CJC NP Solo Rollover 401K)
Footnotes (1)
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Key Figures
RSU grant size: 4,039 shares
Grant price: $54.48 per share
Direct holdings after award: 8,464 shares
+4 more
7 metrics
RSU grant size
4,039 shares
Restricted stock units awarded June 10, 2026
Grant price
$54.48 per share
Value of RSU grant
Direct holdings after award
8,464 shares
Class A Common Stock directly held post-transaction
Indirect Roth IRA holdings
220 shares
CJC Roth IRA account
Indirect Solo Roth 401K holdings
780 shares
CJC NP Solo Roth 401K account
Indirect Solo Rollover 401K holdings
1,000 shares
CJC NP Solo Rollover 401K account
Vesting date
June 10, 2027
RSUs vesting subject to continued service
Key Terms
restricted stock units, 2025 Incentive Award Plan, Non-Employee Director Compensation Policy, Class A Common Stock, +1 more
5 terms
restricted stock units financial
"the Reporting Person was awarded restricted stock units that represent the right to receive Class A Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2025 Incentive Award Plan financial
"pursuant to the Issuer's 2025 Incentive Award Plan and the Issuer's Non-Employee Director Compensation Policy"
Non-Employee Director Compensation Policy financial
"pursuant to the Issuer's 2025 Incentive Award Plan and the Issuer's Non-Employee Director Compensation Policy"
Class A Common Stock financial
"Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Shake Shack (SHAK) disclose for Charles J. Chapman III?
Shake Shack disclosed that director Charles J. Chapman III received a grant of 4,039 restricted stock units of Class A Common Stock on June 10, 2026 as compensation, not an open-market trade, under the company’s 2025 Incentive Award Plan and Non-Employee Director Compensation Policy.
At what price were the Shake Shack (SHAK) restricted stock units granted to the director?
The 4,039 restricted stock units granted to director Charles J. Chapman III were valued at $54.48 per share. This figure reflects the grant price used for the equity award under Shake Shack’s 2025 Incentive Award Plan and Non-Employee Director Compensation Policy.
When do Charles J. Chapman III’s Shake Shack (SHAK) restricted stock units vest?
The restricted stock units awarded to Charles J. Chapman III vest on June 10, 2027. Vesting is conditional on his continued service with Shake Shack, meaning he must remain a director through that date to receive the underlying Class A Common Stock.
Are the reported Shake Shack (SHAK) transactions buys or sells in the open market?
The filing does not report any open-market buys or sells. Instead, it shows a grant of 4,039 restricted stock units as compensation and separate entries reflecting indirect holdings in retirement accounts, rather than discretionary purchase or sale transactions.