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SHAK Shake Shack Inc. Insider Trading

Latest: Director Bought $2.0M of Shares · May 2026
6 filings analyzed · Latest 2026-05-18
Insider buys
6
Insider sells
0
Unique insiders
6
Direction
Net buying
May 2026
2026-05-18 Cluster
high
Silverman Josh Buy
8,290 shares
$500,525
@ $60.38
Significance 6/10

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.

2026-05-18 Cluster
high
Flug Jeffrey Buy
1,000 shares
$61,296
@ $61.30
Significance 7/10

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%.

2026-05-18
medium
Chapman Charles J Iii Buy
2,000 shares
$122,726
@ $61.36
Significance 6/10

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.

2026-05-18 Cluster
high
Balbale Sumaiya Buy
4,068 shares
$249,866
@ $61.42
Significance 6/10

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.

2026-05-18 Cluster
high
Lynch Robert Buy
Chief Executive Officer
5,000 shares
$301,940
@ $60.39
Significance 7/10

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%.

2026-05-18
high
Meyer Daniel Harris Buy
32,258 shares
$1,996,215
@ $61.88
Significance 7/10

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.

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