Sentell Stephanie Ann 4

What Happened
Stephanie Ann Sentell, Chief Operations Officer of Shake Shack (SHAK), reported the sale of 200 shares on 2026-01-20 at $99.19 per share, for proceeds of $19,838. The filing lists the transaction as an open market or private sale and indicates it was executed under a Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: 2026-01-20 at $99.19 per share.
• Shares sold: 200; Total proceeds: $19,838.
• Shares owned after the transaction: Not specified on this Form 4.
• Footnote: Transaction effected pursuant to a Rule 10b5-1 plan entered August 22, 2025.
• Filing timeliness: Form 4 filed 2026-01-22 (appears timely under the 2-business-day rule).

Context
This was a sale (disposition) rather than a purchase; sales under pre-established 10b5-1 plans are commonly routine and do not, by themselves, indicate a change in an insider’s view of the company. For retail investors, purchases by insiders can be stronger signals; sales are frequent and may be driven by pre-set plans, diversification, or liquidity needs rather than company-specific news.