STOCK TITAN

Shake Shack (SHAK) director Jeffrey Lawrence receives 4,589 RSUs in equity grant

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Shake Shack Inc. director Jeffrey D. Lawrence reported an equity compensation grant in the form of restricted stock units. He acquired 4,589 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, and his direct holdings following the award total 9,378 shares of Class A common stock.

Positive

  • None.

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Insider LAWRENCE JEFFREY D
Role null
Type Security Shares Price Value
Grant/Award CLASS A COMMON STOCK 4,589 $54.48 $250K
Holdings After Transaction: CLASS A COMMON STOCK — 9,378 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 4,589 units Restricted stock units of Class A common stock granted June 10, 2026
Grant-date value per share $54.48 per share Value used for the June 10, 2026 restricted stock unit award
Shares following transaction 9,378 shares Total direct Class A common stock holdings after the award
Vesting date June 10, 2027 RSUs vest subject to continued service with Shake Shack
restricted stock units financial
"Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. ... 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. (the "Issuer") underlying restricted stock units..."
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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SEC Form 4
FORM 4UNITED 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*
LAWRENCE JEFFREY D

(Last)(First)(Middle)
C/O SHAKE SHACK INC.
225 VARICK STREET

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
CLASS A COMMON STOCK06/10/2026A4,589(1)A$54.489,378D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 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 Jeffrey Lawrence06/12/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Shake Shack (SHAK) report for Jeffrey D. Lawrence?

Shake Shack reported that director Jeffrey D. Lawrence received 4,589 restricted stock units of Class A common stock as an equity award. The grant was made under the company’s 2025 Incentive Award Plan and its Non-Employee Director Compensation Policy as part of his board compensation.

At what value were Jeffrey D. Lawrence’s Shake Shack (SHAK) restricted stock units granted?

The 4,589 restricted stock units granted to Jeffrey D. Lawrence were valued at $54.48 per share on the grant date. This price reflects the grant-date fair value used for the equity award and does not represent an open-market purchase or sale of shares.

When do Jeffrey D. Lawrence’s Shake Shack (SHAK) restricted stock units vest?

Jeffrey D. Lawrence’s restricted stock units vest on June 10, 2027, provided he continues serving Shake Shack. Vesting means he will then receive Class A common shares underlying the units, subject to the plan’s terms and any applicable company or legal requirements.

How many Shake Shack (SHAK) shares does Jeffrey D. Lawrence hold after this grant?

Following the equity grant, Jeffrey D. Lawrence holds 9,378 shares of Shake Shack Class A common stock directly. This total includes the newly awarded restricted stock units, which will convert into shares only upon vesting and satisfaction of continued service conditions.

Is Jeffrey D. Lawrence’s Shake Shack (SHAK) transaction a market buy or sell?

The filing shows an equity award, not a market buy or sell. Code “A” indicates a grant or award, and the footnote states he received restricted stock units under compensation plans rather than executing an open-market purchase or sale of Shake Shack shares.