Shake Shack director granted 2,480 RSUs

Pendarvis Christiane reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Pendarvis Christiane reported acquisition or exercise transactions in this Form 4 filing.

Shake Shack Inc. director Christiane Pendarvis received an equity award in the form of restricted stock units. The Form 4 reports a grant of 2,480 shares of Class A common stock at a price of $0.00 per share as compensation, not an open-market purchase.

The award was made under Shake Shack’s 2025 Incentive Award Plan and Non-Employee Director Compensation Policy. These restricted stock units are scheduled to vest on July 2, 2027, as long as Pendarvis continues to serve the company through that date. Following this grant, her reported direct holdings total 2,480 shares.

Insider Trade Summary

Grant/Award: 2,480 shares

Grant/Award 1 txn

Insider Pendarvis Christiane

Role Director

Type	Security	Shares	Price	Value
Grant/Award	CLASS A COMMON STOCK	2,480	$0.00	$0.00

Holdings After Transaction: CLASS A COMMON STOCK — 2,480 shares (Direct)

Footnotes (1)

1. F1. 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 July 2, 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 July 2, 2027, subject to the Reporting Person's continued service with the Issuer.

Key Figures

RSUs granted: 2,480 shares Grant price: $0.00 per share Shares after transaction: 2,480 shares +1 more

4 metrics

RSUs granted 2,480 shares Restricted stock units of Class A common stock granted to director

Grant price $0.00 per share Compensation award, not an open-market purchase

Shares after transaction 2,480 shares Total direct holdings reported following this grant

Vesting date July 2, 2027 RSUs vest if service with Shake Shack continues through this date

Key Terms

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

4 terms

restricted stock units financial

"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

"pursuant to the Issuer's 2025 Incentive Award Plan"

Non-Employee Director Compensation Policy financial

"the Issuer's Non-Employee Director Compensation Policy"

Class A Common Stock financial

"Represents shares of Class A Common Stock ("Class A Stock")"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Shake Shack (SHAK) director Christiane Pendarvis report?

Christiane Pendarvis reported receiving an equity award of 2,480 shares of Shake Shack Class A common stock. The shares were granted as restricted stock units, not bought in the open market, and were awarded as part of the company’s director compensation program.

How many Shake Shack (SHAK) shares were granted to Christiane Pendarvis?

The filing shows a grant of 2,480 shares of Shake Shack Class A common stock. These shares are represented by restricted stock units that convert into stock upon vesting, giving Pendarvis a future ownership claim subject to meeting the service-based vesting condition.

At what price were Christiane Pendarvis’s Shake Shack (SHAK) RSUs granted?

The restricted stock units were granted at a stated price of $0.00 per share. This reflects that the award is compensation granted by Shake Shack rather than an open-market purchase, so Pendarvis is not paying cash to acquire these shares at grant.

When do Christiane Pendarvis’s Shake Shack (SHAK) restricted stock units vest?

The restricted stock units vest on July 2, 2027, if Christiane Pendarvis continues serving Shake Shack through that date. Vesting converts the units into actual Class A common shares, completing the transfer of full ownership from the company to the director.

What is Christiane Pendarvis’s direct Shake Shack (SHAK) shareholding after this Form 4?

After this reported grant, Christiane Pendarvis is shown as directly holding 2,480 shares of Shake Shack Class A common stock. This figure reflects the shares underlying the restricted stock units reported in the transaction, according to the totals disclosed in the Form 4.

Under which plans were Christiane Pendarvis’s Shake Shack (SHAK) RSUs granted?

The restricted stock units were granted under Shake Shack’s 2025 Incentive Award Plan and its Non-Employee Director Compensation Policy. These programs govern equity-based compensation for directors, specifying award types, vesting schedules, and conditions tied to continued service at the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/07/2026 - 05:29 PM Learn about SEC filing dates

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^*

Pendarvis Christiane

(Last) (First) (Middle)

C/O SHAKE SHACK INC.

225 VARICK STREET, SUITE 301

(Street)

NEW YORK 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)
07/02/2026

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)
			Code	V	Amount	(A) or (D)	Price
CLASS A COMMON STOCK	07/02/2026		A		2,480(1)	A	$0	2,480	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. 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 July 2, 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 July 2, 2027, subject to the Reporting Person's continued service with the Issuer.

Remarks:

	/s/ Ronald Palmese, Jr., Esq., Attorney-in-Fact for Christiane Pendarvis	07/07/2026
	** 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)