Chapman Charles J III 4

What Happened Charles J. Chapman III, a director of Shake Shack Inc. (SHAK), was granted 4,039 restricted stock units (RSUs) on June 10, 2026. The grant is reported as an award/acquisition (code A) at an implied value of $54.48 per share, for a total reported value of $220,045. These RSUs represent the right to receive Class A common stock and do not convert to shares until they vest.

Key Details

• Transaction date and price: June 10, 2026; 4,039 RSUs @ $54.48 per share (total $220,045).
• Vesting: RSUs vest on June 10, 2027, subject to Mr. Chapman’s continued service.
• Security: Class A Common Stock underlying RSUs.
• Transaction type: Award/Grant (Form 4 code A).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing timeliness: Form 4 filed June 12, 2026 (appears timely — within the standard two-business-day reporting window).
• Footnote: Award made under the Issuer’s 2025 Incentive Award Plan and Non-Employee Director Compensation Policy.

Context This was a compensatory award (RSUs) to a non-employee director that vests in one year, rather than an open-market purchase or immediate sale. RSU grants are common director compensation intended to align interests with shareholders; the shares will only be issued if vesting conditions are met.