SHAK Shake Shack Inc. Insider Trading

Director Josh Silverman buys 8,290 shares at $60.38 avg; stock down 58.7% from 52-week high; 4 other insiders also bought in past 14 days

Josh Silverman, Director at Shake Shack Inc., executed 2 purchases totaling 8,290 shares for $500,525.09 on 2026-05-15 at a blended average price of $60.38. The stock is trading at $59.69, down 58.7% from its 52-week high of $144.65 and down 42.5% over the past 30 days. Silverman's purchase represents his first open-market acquisition of SHAK shares, bringing his total holdings from 0 to 8,290 shares. Beyond this filing, 4 other insiders have also purchased shares within the past 14 days, indicating a cluster buy pattern during a period of significant price deterioration.

Director Flug buys 1,000 shares of SHAK at $61.30; 5 other insiders also bought within 14 days amid -58.7% drop from 52-week high.

Flug Jeffrey, a Director, purchased 1,000 shares at $61.30 on 2026-05-15, increasing his holdings to 5,470 shares from 4,470 shares. The transaction occurs against a backdrop where the stock is trading at $59.69 current price, down -58.7% from its 52-week high of $144.65, and down -42.5% over the past 30 days. Notably, 5 other insiders also purchased shares within the past 14 days, establishing a cluster buy pattern. The company reported revenue of $366,737,000.00 in the latest quarter with net income of $-290,000.00, while maintaining annual revenue growth of +15.4%.

Director Chapman Charles J Iii bought 2,000 shares of SHAK for $122,725.72 at blended average $61.36 on 2026-05-15

Chapman Charles J Iii, a Director, executed 3 separate purchases totaling 2,000 shares for $122,725.72 on 2026-05-15, with a blended average price of $61.36. The stock currently trades at $59.69, down -58.7% from its 52-week high of $144.65 and down -42.5% over the past 30 days. The purchase occurred during a period of significant price decline, with the 90-day change standing at -34.7%. SHAK reported a latest quarterly revenue of $366,737,000.00 with a net loss of $-290,000.00, alongside annual revenue growth of +15.4%, indicating operational growth despite recent profitability challenges.

Director Balbale Sumaiya bought 4,068 shares of SHAK at $61.42; 2 other insiders also bought within 14 days amid -58.7% decline from 52-week high.

Balbale Sumaiya, a director of Shake Shack Inc., purchased 4,068 shares at $61.42 on 2026-05-15, increasing her holdings by +43.6% from 9,339 to 13,407 shares. The transaction occurred as the stock trades at $59.69, down -58.7% from its 52-week high of $144.65 and down -42.5% over the past 30 days. A cluster pattern is present: 2 other insiders also bought within the past 14 days. This multi-insider buying activity against a backdrop of significant stock decline and a net loss of $290.0K in the latest quarter warrants examination of the underlying business conditions and the drivers of insider accumulation at current price levels.

CEO Lynch buys 5,000 shares of SHAK at $60.39; stock down -58.7% from 52-week high, cluster of 3 other insider buys within 14 days.

Robert Lynch, Chief Executive Officer of Shake Shack, purchased 5,000 shares at $60.39 on 2026-05-15, increasing his holdings to 77,845 shares. The purchase occurs as the stock trades at $59.69, down -58.7% from its 52-week high of $144.65, and has fallen -42.5% over the past 30 days and -34.7% over 90 days. Notably, 3 other insiders also bought within the past 14 days, forming a cluster buy pattern. The company reports revenue of $366,737,000.00 in the latest quarter with net income of $-290,000.00, while annual revenue growth stands at +15.4%.

Director Meyer Daniel Harris bought 32,258 shares of SHAK at $61.88 ($2.0M) on 2026-05-15; stock now $59.69, down 58.7% from 52-week high.

Meyer Daniel Harris purchased 32,258 shares at $61.88, increasing his holdings by 9.3% to 378,670 shares. This open-market buy occurs while the stock trades at $59.69, down 42.5% over 30 days and 34.7% over 90 days, well below the 52-week high of $144.65. Harris's prior five trades at SHAK were all sells executed in early July 2025, each of which posted negative 90-day returns (-12.7% to -20.3%), and his cross-ticker track record shows a 90-day well-timed rate of 85.00% on prior sells. The reversal from consistent selling to a substantial buy—after a pronounced recent decline—represents a notable shift in the insider's positioning at this security.

Director Meyer Daniel Harris sells 30,000 SHAK shares for $4.2M in 5 transactions via 10b5-1 plan.

Meyer Daniel Harris, a director at Shake Shack Inc., executed 5 separate sales totaling 30,000 shares for $4,189,127.24 at a blended average price of $139.64 on July 1–2, 2025. This transaction is part of a pre-arranged 10b5-1 trading plan, meaning it was scheduled and not discretionary. The sales reduced his holdings from 367,984 shares to 337,984 shares, a reduction of 8.2%. As a scheduled plan execution, this sale reflects no timing signal or discretionary conviction on Harris's part, and the multi-day, multi-tranche structure is consistent with systematic liquidity management rather than a concentrated exit decision.

Director Meyer Daniel Harris sold 20,000 shares of SHAK at $140.07 via pre-arranged 10b5-1 plan

Meyer Daniel Harris, a Shake Shack director, sold 20,000 shares at $140.07 on 2025-06-26 under a pre-arranged 10b5-1 trading plan, reducing his holdings from 387,984 to 367,984 shares. The sale was executed as a scheduled transaction, not a discretionary decision, which removes timing as an interpretive signal. At $2,801,344.00 in total value, this represents a 5.2% reduction in his pre-transaction holdings. The 10b5-1 framework indicates this sale was planned in advance and executed automatically, consistent with a systematic portfolio management strategy rather than a market timing decision.

CFO Katherine Irene Fogertey sells 4,518 shares for $574,524.01 under 10b5-1 plan

Katherine Irene Fogertey, Chief Financial Officer at Shake Shack Inc., executed 6 separate sales totaling 4,518 shares for $574,524.01 on 2025-06-12 and 2025-06-13 at prices ranging from $124.12 to $128.27, with a blended average price of $127.16. The transaction reduced her holdings from 39,706 shares to 35,188 shares, a 11.4% reduction in her position. This activity is part of a pre-arranged 10b5-1 trading plan, making these scheduled sales rather than discretionary trades. As a CFO conducting a routine programmatic divestiture under a Rule 10b5-1 plan, this filing provides limited insight into management's forward outlook independent of the plan's pre-set schedule.

Director Meyer Daniel Harris sold 10,000 SHAK shares at $130.26 on 2025-06-05, retaining 386.6K shares; stock now -10.3% from 52-week high but +43.5% in 90 days.

Meyer Daniel Harris, a Director, sold 10,000 shares at $130.26 on 2025-06-05, reducing his holdings from 396.6K to 386.6K shares (a -2.5% change). The transaction occurred when the stock was trading 4.5% above its current price of $124.50, and the sale follows a strong 90-day rally of +43.5%. His prior four measurable sales at SHAK show mixed near-term outcomes, with 30-day returns ranging from +4.8% to +11.3%, and three of four producing negative 90-day returns (well-timed at the longer horizon), though recent quarterly fundamentals show solid revenue growth of +15.2% against a notably elevated P/E of 478.85. The sale represents a modest portfolio reduction and does not indicate a full exit from the position.