Shake Shack director awarded 6,333 RSUs
Meyer Daniel Harris reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Meyer Daniel Harris reported acquisition or exercise transactions in this Form 4 filing.
Shake Shack Inc. director Daniel Meyer received a grant of 6,333 restricted stock units of Class A Common Stock valued at $54.48 per share under the company’s 2025 Incentive Award Plan and Non-Employee Director Compensation Policy. These units vest on June 10, 2027, if he continues serving the company. After this award, he holds 7,792 shares directly, in addition to large indirect holdings through the Daniel H. Meyer Investment Trust and the DHM 2012 Gift Trust, where he and co-trustees disclaim beneficial ownership beyond their pecuniary interests.
Insider Trade Summary
Grant/Award: 6,333 shares
Grant/Award
3 txns
Insider
Meyer Daniel Harris
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, par value $0.001 per share | 6,333 | $54.48 | $345K |
| holding | Class A Common Stock, par value $0.001 per share | -- | -- | -- |
| holding | Class A Common Stock, par value $0.001 per share | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock, par value $0.001 per share — 7,792 shares (Direct);
Class A Common Stock, par value $0.001 per share — 1,657,777 shares (Indirect, BY TRUST)
Footnotes (3)
- F1. Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by Mr. Meyer. On June 10, 2026, pursuant to the Issuer's 2025 Incentive Award Plan and the Issuer's Non-Employee Director Compensation Policy, Mr. Meyer 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 Mr. Meyer's continued service with the Issuer.
- F2. Represents shares of Class A Stock of the Issuer held by Mr. Meyer through the Daniel H. Meyer Investment Trust (the "Investment Trust"). Mr. Meyer is the grantor, trustee and beneficiary of the Investment Trust. Mr. Meyer disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F3. Represents shares of Class A Stock of the Issuer held by the DHM 2012 Gift Trust, of which Mr. Meyer's spouse, Audrey Meyer, is a co-trustee and beneficiary. Mr. McQuinn is a co-trustee. Mr. Meyer and each co-trustee disclaims beneficial ownership of such shares except to the extent of such persons' pecuniary interest therein.
Key Figures
RSU grant size: 6,333 shares
Grant valuation price: $54.48 per share
Direct holdings after grant: 7,792 shares
+3 more
6 metrics
RSU grant size
6,333 shares
Restricted stock units granted June 10, 2026
Grant valuation price
$54.48 per share
Value used for RSU award reporting
Direct holdings after grant
7,792 shares
Class A Common Stock held directly post-transaction
Investment Trust holdings
1,279,107 shares
Class A Stock held by Daniel H. Meyer Investment Trust
Gift Trust holdings
378,670 shares
Class A Stock held by DHM 2012 Gift Trust
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, pecuniary interest, +1 more
5 terms
restricted stock units financial
"underlying restricted stock units acquired by Mr. Meyer."
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"
pecuniary interest financial
"Mr. Meyer disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein."
beneficial ownership financial
"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Daniel Meyer report at Shake Shack (SHAK)?
Daniel Meyer reported receiving 6,333 restricted stock units of Shake Shack Class A Common Stock as an equity award. The grant was made under the 2025 Incentive Award Plan and Non-Employee Director Compensation Policy as part of his service as a non-employee director.
At what price were Daniel Meyer’s Shake Shack (SHAK) RSUs valued?
The 6,333 restricted stock units granted to Daniel Meyer were valued at $54.48 per share. This price is used for reporting and compensation purposes and reflects the fair market value applied when the equity award was made on June 10, 2026.
When do Daniel Meyer’s new Shake Shack (SHAK) RSUs vest?
Daniel Meyer’s restricted stock units vest on June 10, 2027, subject to his continued service with Shake Shack. Once vested, each unit represents the right to receive one share of Class A Common Stock, aligning his compensation with long-term company performance.
What indirect Shake Shack (SHAK) holdings are reported for Daniel Meyer?
The filing shows 1,279,107 shares held through the Daniel H. Meyer Investment Trust and 378,670 shares held by the DHM 2012 Gift Trust. Meyer and the co-trustees disclaim beneficial ownership of these shares except to the extent of their pecuniary interests in the trusts.
Is Daniel Meyer’s Shake Shack (SHAK) Form 4 a market purchase or a compensation grant?
The Form 4 reflects a compensation grant of 6,333 restricted stock units, not an open-market purchase. The award was made under the company’s 2025 Incentive Award Plan and Non-Employee Director Compensation Policy as part of standard non-employee director compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
