Shake Shack (NYSE: SHAK) awards director 2,754 restricted stock units

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

GEORGE LORI A reported acquisition or exercise transactions in this Form 4 filing.

Shake Shack Inc. director Lori A. George received an equity grant in the form of restricted stock units. On June 10, 2026, she was awarded 2,754 RSUs tied to the company’s Class A common stock under the 2025 Incentive Award Plan and the Non-Employee Director Compensation Policy.

The RSUs vest on June 10, 2027, if she continues to serve the company through that date. After this grant, her direct holdings reported in Class A common stock total 6,274 shares, reflecting routine, compensation-related equity rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider GEORGE LORI A

Role null

Type	Security	Shares	Price	Value
Grant/Award	CLASS A COMMON STOCK	2,754	$54.48	$150K

Holdings After Transaction: CLASS A COMMON STOCK — 6,274 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 2,754 units Grant reference price: $54.48 per share Shares after transaction: 6,274 shares +2 more

5 metrics

RSUs granted 2,754 units Restricted stock units awarded on June 10, 2026

Grant reference price $54.48 per share Price per share associated with RSU grant

Shares after transaction 6,274 shares Total direct Class A holdings following the award

Vesting date June 10, 2027 RSUs vest subject to continued service with issuer

Transaction code A Grant, award, or other acquisition of non-derivative securities

Key Terms

restricted stock units, 2025 Incentive Award Plan, Non-Employee Director Compensation Policy, Class A Common Stock

4 terms

restricted stock units financial

"Represents shares of Class A Common Stock ... underlying restricted stock units acquired by the Reporting Person."

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

"On June 10, 2026, 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, the Reporting Person was awarded restricted stock units..."

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.

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 04:21 PM

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
Estimated average burden
hours per response:			0.5

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

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^*

GEORGE LORI A

(Last)

(First)

(Middle)

C/O SHAKE SHACK, INC.

225 VARICK STREET, SUITE 301

(Street)

NEW YORK

10014

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
CLASS A COMMON STOCK	06/10/2026		A		2,754⁽¹⁾	A	$54.48	6,274	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. On June 10, 2026, pursuant to the Issuer's 2025 Incentive Award Plan and the Issuer's Non-Employee Director Compensation Policy, the Reporting Person was awarded restricted stock units that represent 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 on June 10, 2027, subject to the Reporting Person's continued service with the Issuer.

Remarks:

	/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Lori George	06/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Shake Shack (SHAK) report for Lori A. George?

Shake Shack reported that director Lori A. George received 2,754 restricted stock units of Class A common stock on June 10, 2026. The equity award was granted under the company’s 2025 Incentive Award Plan and its Non-Employee Director Compensation Policy as part of director compensation.

Are Lori A. George’s new Shake Shack (SHAK) shares an open-market purchase?

No, the 2,754 shares reported are restricted stock units granted as compensation, not an open-market purchase. They represent a right to receive Class A common stock in the future, subject to vesting conditions, rather than shares bought on the stock market.

When do Lori A. George’s Shake Shack (SHAK) restricted stock units vest?

The restricted stock units vest on June 10, 2027, provided Lori A. George continues to serve Shake Shack through that date. Vesting converts the RSUs into Class A common stock, aligning director compensation with long-term company performance and ongoing board service.

How many Shake Shack (SHAK) shares does Lori A. George hold after this grant?

Following the June 10, 2026 grant, Lori A. George is reported as directly holding 6,274 shares of Shake Shack Class A common stock. This figure includes the impact of the 2,754 restricted stock units awarded, as disclosed in the Form 4 insider transaction filing.

Under which plans were the Shake Shack (SHAK) RSUs granted to Lori A. George?

The RSUs were granted under Shake Shack’s 2025 Incentive Award Plan and its Non-Employee Director Compensation Policy. These frameworks govern equity-based compensation for directors, specifying award size, terms, and vesting tied to continued service on the company’s board.