Chapman Charles J III 4
4 · Shake Shack Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Shake Shack (SHAK) Director Charles J. Chapman III Buys 2,000 Shares
What Happened
Charles J. Chapman III, a director of Shake Shack Inc. (SHAK), purchased a total of 2,000 shares in open-market transactions on May 15, 2026. The trades consisted of 1,000 shares at $61.32 ($61,320), 780 shares at $61.43 ($47,915), and 220 shares at $61.32 ($13,490), for a combined cost of approximately $122,725. These were purchases (acquisitions), which investors often view as a more informative signal than sales.
Key Details
- Transaction date: 2026-05-15; Filing date: 2026-05-18 (Form 4 accession 0001425635-26-000003).
- Prices: reported per-lot prices above; filing notes the trades were executed in multiple fills at prices ranging $61.31–$61.37 and the reported prices reflect weighted averages (Footnote F1).
- Shares acquired: 2,000; Total value: ~$122,725.
- Shares owned after the transaction: not stated in the filing.
- Notable footnote: F1 discloses multiple trades and weighted-average pricing and offers to provide full trade-by-trade details on request.
- No derivative exercises, gifts, tax withholding, or 10b5‑1 plan were reported in this filing.
Context
This is a straightforward open-market purchase by a company director rather than an executive option exercise or grant. The dollar amount is modest relative to many insider trades, so while purchases can be seen as a positive signal, it’s one data point among many — not proof of future performance.
Insider Transaction Report
- Purchase
CLASS A COMMON STOCK
2026-05-15$61.32/sh+1,000$61,320→ 1,000 total(indirect: By 401(k)) - Purchase
CLASS A COMMON STOCK
2026-05-15$61.43/sh+780$47,915→ 780 total(indirect: By 401(k)) - Purchase
CLASS A COMMON STOCK
[F1]2026-05-15$61.32/sh+220$13,490→ 220 total(indirect: By IRA)
- 4,425
CLASS A COMMON STOCK
Footnotes (1)
- [F1]The transaction was executed in multiple trades at prices ranging from $61.31 to $61.37. 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.