Shake Shack (SHAK) COO logs small 225-share sale under 10b5-1 plan

Rhea-AI Filing Summary

Shake Shack Inc. Chief Operations Officer Stephanie Ann Sentell reported an open-market sale of 225 shares of Class A common stock at $93.60 per share on March 6, 2026. After this transaction, she directly holds 15,342 shares. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan entered into on August 22, 2025, indicating it was scheduled in advance and represents a small portion of her overall holdings.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sentell Stephanie Ann

(Last) (First) (Middle)

225 VARICK STREET

SUITE 301

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operations Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
CLASS A COMMON STOCK	03/06/2026		S		225(1)	D	$93.6	15,342	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into on August 22, 2025.

Remarks:

	/s/ Ronald Palmese Jr., Esq., Attorney-in-Fact for Stephanie Sentell	03/10/2026
	** 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 4 (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 insider transaction did Shake Shack (SHAK) report for Stephanie Ann Sentell?

Shake Shack reported that Chief Operations Officer Stephanie Ann Sentell sold 225 shares of Class A common stock in an open-market transaction at $93.60 per share. This filing reflects a small, disclosed insider sale rather than a large change in ownership.

At what price did the Shake Shack (SHAK) COO sell her shares?

The Chief Operations Officer sold 225 Shake Shack Class A shares at an average price of $93.60 per share. This price applies to the reported open-market sale on March 6, 2026, as disclosed in the insider trading report.

How many Shake Shack (SHAK) shares does the COO hold after the reported sale?

Following the sale, Stephanie Ann Sentell directly holds 15,342 shares of Shake Shack Class A common stock. This shows that the 225 shares sold represent only a small fraction of her total reported direct ownership position in the company.

Was the Shake Shack (SHAK) insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan entered into on August 22, 2025. Such pre-arranged plans automate trades and are designed to separate routine stock sales from day-to-day market timing decisions.

What type of transaction did the Shake Shack (SHAK) Form 4 disclose?

The Form 4 disclosed a non-derivative open-market sale of Class A common stock. It involved 225 shares sold at $93.60 per share, with the transaction categorized as an open-market sale rather than an option exercise, gift, or tax-withholding event.