Flug Jeffrey 4
4 · Shake Shack Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Shake Shack (SHAK) 10% Owner Jeffrey Flug Buys 1,000 Shares
What Happened
Jeffrey Flug, reported as a 10% owner of Shake Shack Inc. (SHAK), purchased 1,000 shares in an open-market transaction on May 15, 2026. The weighted average price reported was $61.30 per share, for a total transaction value of approximately $61,296. This was a purchase (as opposed to a sale), which some investors view as a more informative signal of insider interest.
Key Details
- Transaction date: 2026-05-15 (reported on Form 4 filed 2026-05-18).
- Transaction type: Purchase (open market/private purchase), code P.
- Shares acquired: 1,000; weighted average price: $61.30; total ≈ $61,296.
- Price range: executed in multiple trades at $60.89 to $61.47 (footnote F1); weighted average reported.
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing timeliness: Form 4 filed 2026-05-18 reporting the 5/15/26 trade; the provided record does not flag the filing as late.
Context
As a 10% owner, Flug is a significant shareholder rather than necessarily a company executive; purchases by large owners can be notable but do not guarantee future stock performance. Footnote F1 states the trade was split across multiple executions and the reporting person can provide full trade-by-trade details on request. Retail investors should consider this insider activity alongside broader fundamentals and market conditions.
Insider Transaction Report
- Purchase
Class A Common Stock, par value $0.001 per share
[F1]2026-05-15$61.30/sh+1,000$61,296→ 5,470 total
Footnotes (1)
- [F1]The transaction was executed in multiple trades at prices ranging from $60.89 to $61.47. The price reported above reflects the weighted average sales price. The Reporting Person undertakes to provide upon request to the Securities and Exchange Commission, Shake Shack Inc. (the "Issuer"), or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.