Katherine Fogertey - Mar 1, 2025 Form 4 Insider Report for Shake Shack Inc. (SHAK)

Signature
/s/ Ronald Palmese, Jr. Esq., Attorney-in-Fact for Katherine Fogertey
Stock symbol
SHAK
Transactions as of
Mar 1, 2025
Transactions value $
-$689,067
Form type
4
Date filed
3/4/2025, 06:04 PM
Previous filing
Dec 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHAK CLASS A COMMON STOCK Award $0 +3.32K +11.02% $0.00 33.4K Mar 1, 2025 Direct F1
transaction SHAK CLASS A COMMON STOCK Tax liability -$109K -1.01K -3.02% $108.60 32.4K Mar 1, 2025 Direct F2
transaction SHAK CLASS A COMMON STOCK Tax liability -$110K -1.02K -3.14% $108.60 31.4K Mar 1, 2025 Direct F3
transaction SHAK CLASS A COMMON STOCK Tax liability -$38.3K -353 -1.13% $108.60 31K Mar 1, 2025 Direct F4
transaction SHAK CLASS A COMMON STOCK Award $0 +8.85K +28.54% $0.00 39.9K Mar 1, 2025 Direct F5
transaction SHAK CLASS A COMMON STOCK Tax liability -$387K -3.57K -8.95% $108.60 36.3K Mar 1, 2025 Direct F6
transaction SHAK CLASS A COMMON STOCK Award $0 +3.99K +10.99% $0.00 40.3K Mar 1, 2025 Direct F7
transaction SHAK CLASS A COMMON STOCK Tax liability -$43.7K -402 -1% $108.60 39.9K Mar 1, 2025 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by Ms. Fogertey. On March 1, 2025, pursuant to the Issuer's 2025 Incentive Award Plan, Ms.Fogertey 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 in 3 equal installments on each of March 1, 2026, March 1, 2027, March 1, 2028.
F2 Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey on March 1, 2022 pursuant to the Issuer's 2015 Incentive Award Plan, as amended. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 4 equal installments on March 1, 2023, March 1, 2024, March 1, 2025, and March 1, 2026.
F3 Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey on March 1, 2023 pursuant to the Issuer's 2015 Incentive Award Plan, as amended. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 4 equal installments on March 1, 2024, March 1, 2025, March 1, 2026, and March 1, 2027.
F4 Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey on March 1, 2024 pursuant to the Issuer's 2015 Incentive Award Plan, as amended. The restricted stock units representing the right to receive Class A Stock of the Issuer vest in 4 equal installments on March 1, 2025, March 1, 2026, March 1, 2027, and March 1, 2028.
F5 Represents shares of Class A Stock of the Issuer underlying restricted stock units acquired by Ms. Fogertey upon the Issuer's achievement of certain performance criteria measured over a 3-year cumulative period through fiscal year 2024, as certified by the Issuer's Compensation Committee on January 28, 2025. On November 15, 2021, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, Ms. Fogertey was awarded performance stock units that issue into restricted stock units representing 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 in 1 installment on March 1, 2025.
F6 Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey upon the Issuer's achievement of certain performance criteria measured over a 3-year cumulative period through fiscal year 2024, as certified by the Issuer's Compensation Committee on January 28, 2025.
F7 Represents shares of Class A Stock of the Issuer underlying restricted stock units acquired by Ms. Fogertey upon the Issuer's achievement of certain performance criteria for fiscal year 2024, as certified by the Issuer's Compensation Committee on January 28, 2025. On March 1, 2024, pursuant to the Issuer's 2015 Incentive Award Plan, as amended, Ms. Fogertey was awarded performance stock units that issue into restricted stock units representing 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 in 4 equal installments on each of March 1, 2025, March 1, 2026, March 1, 2027, and March 1, 2028.
F8 Represents shares of Class A Stock of the Issuer withheld for taxes upon the vesting of restricted stock units that were previously acquired by Ms. Fogertey upon the Issuer's achievement of certain performance criteria for fiscal year 2024, as certified by the Issuer's Compensation Committee on January 28, 2025.