Welcome to our dedicated page for Shake Shack SEC filings (Ticker: SHAK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Shake Shack Inc. SEC filings document the public-company reporting of a restaurant operator with Class A common stock listed on the New York Stock Exchange. Its 8-K reports include quarterly and annual results, shareholder letters, Regulation FD disclosures, technology initiatives, corrections to annual-report discussion and executive or board changes.
Shake Shack filings also cover governance through definitive proxy materials, including annual-meeting matters, board structure and stockholder voting procedures. Financial disclosures focus on Shack sales, licensing revenue, system-wide sales, same-Shack sales, restaurant-level profit, adjusted EBITDA, new Company-operated and licensed Shack openings, and the relationship between Company-operated restaurant revenue and licensing economics.
Shake Shack Inc. reported that Chief Executive Officer Robert Lynch received a grant of 26,685 restricted stock units tied to its Class A common stock on March 1, 2026 under the 2025 Incentive Award Plan. These units vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029.
On the same date, 1,933 shares of Class A stock were disposed of to cover tax withholding upon the vesting of restricted stock units previously granted on March 1, 2025. After these award and tax-withholding transactions, Lynch directly held 72,845 shares of Class A common stock.
Shake Shack Inc. Chief Operations Officer Stephanie Ann Sentell reported equity compensation activity. She acquired 6,397 shares of Class A common stock underlying restricted stock units granted at no cost, vesting in three equal installments on March 1 of 2027, 2028, and 2029. She also disposed of 337 shares at $96.01 per share, which were withheld to cover taxes upon the vesting of restricted stock units previously granted on March 1, 2025.
Shake Shack Inc. issued an update to correct a disclosure in its Management’s Discussion and Analysis for the year ended December 31, 2025. The company clarified the contribution from 45 new Company-operated Shacks to Shack sales.
The revised text states Shack sales for 2025 increased 15.2% to $1.4 billion versus the prior year. New Company-operated Shacks contributed $68.3 million, not $218.5 million as previously stated, with the increase partially offset by a decline in guest traffic. Excluding the 53rd week, Shack sales rose 12.9% year over year.
Shake Shack Inc. uses a fine-casual model to serve premium burgers, chicken, shakes and beverages, growing from a single 2004 New York kiosk to 659 system-wide Shacks as of December 31, 2025. Of these, 373 are Company-operated and 286 are licensed across major global cities.
The company is pursuing an aggressive expansion strategy, opening 80 net new Shacks in 2025 and targeting about 1,500 Company-operated locations over time. Average investment per new Shack was about $2.3 million, or $1.9 million net of landlord allowances, with build times generally between 15 and 37 weeks.
Shake Shack emphasizes culture and human capital, employing 13,873 team members as of December 31, 2025 and running multi-week leadership programs plus equity incentives for managers. It is also investing heavily in digital channels, kiosks, personalized offers, and loyalty-style “challenges” to deepen guest engagement and drive repeat visits.
Shake Shack Inc. reported strong fourth-quarter and full-year 2025 results, highlighting double-digit growth and expanding profitability. For Q4 2025, total revenue reached $400.5 million, up 21.9% year-over-year, with Shack sales of $385.3 million and licensing revenue of $15.2 million. Same-Shack sales grew 2.1%, marking the 20th consecutive quarter of positive comparable sales. Restaurant-level profit was $87.4 million, maintaining a 22.7% margin, while net income was $13.0 million and adjusted EBITDA was $56.1 million.
For fiscal 2025, revenue grew 15.4% to $1.45 billion, system-wide sales were $2.23 billion, and same-Shack sales increased 2.3%. Restaurant-level profit rose to $314.5 million with a 22.6% margin, net income was $49.7 million, and adjusted EBITDA reached $209.9 million. The company opened 45 new Company-operated and 40 licensed Shacks, reduced average new-build costs to under $2 million, and ended the year with 659 system-wide locations. Management outlined 2026 guidance, including 55–60 new Company-operated Shacks, 40–45 licensed openings, revenue of $1.6–$1.7 billion and targeted restaurant-level margins of 23.0%–23.5%.
Shake Shack Inc. Corporate Controller Peter M. Herpich filed an initial statement of beneficial ownership of the company’s Class A Common Stock. He reports direct ownership of 3,605 shares, plus 167 additional shares underlying restricted stock units granted under the company’s 2015 and 2025 Incentive Award Plans.
The RSUs represent the right to receive Class A stock that vests in installments between June 15, 2024 and December 15, 2028, contingent on his continued service with Shake Shack. This filing outlines his starting equity position as an executive officer rather than documenting an open-market trade.
Shake Shack Inc. appointed its current Corporate Controller, Peter Herpich, to serve as principal financial officer on an interim basis. This follows the previously disclosed resignation of Chief Financial Officer Katherine Fogertey, who remains a Senior Advisor to the company until March 4, 2026.
Herpich, age 55, has been Senior Vice President, Corporate Controller since joining Shake Shack in May 2023, after senior finance roles at Casper Inc. and Barnes & Noble, Inc. The company has begun a search for a new Chief Financial Officer. The filing states there are no special arrangements or family relationships related to his interim designation and no related-party transactions requiring disclosure.
Wellington Management Group and affiliates have disclosed a sizable passive stake in Shake Shack Inc. As of December 31, 2025, the Wellington entities report beneficial ownership of 2,998,240 shares of Shake Shack common stock, representing about 7.4–7.45% of the outstanding class.
The filing shows shared voting power over 2,146,218 shares and shared dispositive power over 2,998,240 shares for several related Wellington partnerships. The shares are held of record by clients of Wellington’s investment advisers, who retain rights to dividends and sale proceeds. Wellington certifies the holdings are maintained in the ordinary course of business and not for the purpose of changing or influencing control of Shake Shack.
Shake Shack Inc.'s Chief Operations Officer, Stephanie Ann Sentell, reported a small automatic sale of company stock. On January 20, 2026, she sold 200 shares of Shake Shack Class A Common Stock at a price of $99.19 per share. After this transaction, she continued to hold 9,507 shares directly.
The sale was made under a Rule 10b5-1 trading plan that was previously established on August 22, 2025. These plans are pre-arranged trading programs that allow insiders to sell shares on a scheduled basis, helping separate their trading activity from day-to-day corporate developments.
Shake Shack Inc. reported that it has released a press release with preliminary, unaudited results for its fiscal fourth quarter and full year ended December 31, 2025. These early figures are being shared ahead of final audited results to give the market an initial view of performance.
The company is also presenting these preliminary results at the 28th Annual ICR Conference on January 12, 2026, with a live webcast available through its investor relations website. The press release containing the detailed financial information is furnished as an exhibit and is not incorporated into other securities filings unless specifically referenced.