| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$3.08K | -32 | -0.09% | $96.22 | 37.1K | Sep 4, 2024 | Direct | F1, F2 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$2.05K | -21 | -0.06% | $97.49 | 37.1K | Sep 4, 2024 | Direct | F1, F3 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$8.16K | -83 | -0.22% | $98.33 | 37K | Sep 4, 2024 | Direct | F1, F4 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$18.4K | -185 | -0.5% | $99.21 | 36.8K | Sep 4, 2024 | Direct | F1, F5 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$15.5K | -161 | -0.44% | $96.36 | 36.7K | Sep 5, 2024 | Direct | F1, F6 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$3.62K | -37 | -0.1% | $97.74 | 36.6K | Sep 5, 2024 | Direct | F1, F7 |
| transaction | SHAK | CLASS A COMMON STOCK | Sale | -$12.1K | -123 | -0.34% | $98.14 | 36.5K | Sep 5, 2024 | Direct | F1, F8 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
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).
| Id | Content |
|---|---|
| F1 | The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 13, 2024. |
| F2 | The transaction was executed in multiple trades at prices ranging from $95.885 to $96.8849. The price reported above reflects the weighted average sales price. The Reporting Person undertakes to provide upon request to the SEC, Shack Shack Inc. (the "Issuer") or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions set forth in footnotes (2) though (8) of this Form were effected. |
| F3 | The transaction was executed in multiple trades at prices ranging from $96.885 to $97.8849. The price reported above reflects the weighted average sales price. |
| F4 | The transaction was executed in multiple trades at prices ranging from $97.885 to $98.8849. The price reported above reflects the weighted average sales price. |
| F5 | The transaction was executed in multiple trades at prices ranging from $98.885 to $99.8849. The price reported above reflects the weighted average sales price. |
| F6 | The transaction was executed in multiple trades at prices ranging from $95.925 to $96.9249. The price reported above reflects the weighted average sales price. |
| F7 | The transaction was executed in multiple trades at prices ranging from $96.925 to $97.9249. The price reported above reflects the weighted average sales price. |
| F8 | The transaction was executed in multiple trades at prices ranging from $97.925 to $98.9249. The price reported above reflects the weighted average sales price. |