[Form 4] Shake Shack Inc. Insider Trading Activity

Rhea-AI Filing Summary

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.

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).

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)
11/25/2025

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	11/25/2025		S		900(1)	D	$85.03	10,107(2)	D
Class A Common Stock	11/25/2025		S		200(1)	D	$85.65	9,907	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 transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on August 22, 2025.

2. The transaction was executed in multiple trades at prices ranging from $84.61 to $85.57. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, Shake Shake Inc. (the "Issuer") or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

	/s/ Ronald Palmese Jr., Esq. - Attorney-in-Fact for Stephanie Sentell	11/26/2025
	** 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 in this Form 4?

Shake Shack reported that Chief Operations Officer Stephanie Sentell sold a total of 1,100 Class A common shares on 11/25/2025 in open-market transactions.

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

She sold 900 shares at a weighted average price of $85.03 and 200 shares at a weighted average price of $85.65, with individual trade prices ranging from $84.61 to $85.57.

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

After the reported transactions, Chief Operations Officer Stephanie Sentell beneficially owns 9,907 shares of Shake Shack Class A common stock, held directly.

Were the Shake Shack (SHAK) insider sales under a Rule 10b5-1 plan?

Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan that was entered into on August 22, 2025.

What is the role of the reporting person in Shake Shack (SHAK)?

The reporting person, Stephanie Sentell, is identified as an officer of Shake Shack Inc., holding the title of Chief Operations Officer.

Is this Shake Shack (SHAK) Form 4 filed for one or multiple reporting persons?

The document indicates that the Form 4 is filed by one reporting person, not by a group.