Meyer Daniel Harris 4
4 · Shake Shack Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Shake Shack (SHAK) 10% Owner Daniel Meyer Buys 32,258 Shares
What Happened
Daniel H. Meyer, identified as a 10% owner of Shake Shack Inc. (SHAK), purchased 32,258 shares of Class A common stock on May 15, 2026. The reported weighted-average price was $61.88 per share (trade prices ranged $61.63–$62.00), for a total reported value of $1,996,215. The transaction is reported as an open-market purchase (code P).
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (Accession: 0001463932-26-000008)
- Transaction type: Open-market purchase (P) executed in multiple trades
- Price: Weighted average $61.88; reported trade range $61.63–$62.00 (footnote F1)
- Shares acquired: 32,258; reported total value: $1,996,215
- Shares owned after transaction: Not specified in the provided summary of the Form 4
- Footnotes:
- F1: Multiple trades; weighted-average price shown (full trade details available on request).
- F2: Shares were acquired by the Daniel H. Meyer Investment Trust (Mr. Meyer is grantor, trustee and beneficiary; he disclaims beneficial ownership except to extent of pecuniary interest).
- F3: Mentions shares held by the DHM 2012 Gift Trust with co-trustees; co-trustees disclaim beneficial ownership except to extent of pecuniary interest.
- Timeliness: Filing date is May 18 for a May 15 transaction; no explicit late-filing flag provided in the supplied data.
Context
Purchases by insiders are often watched by investors as a potential positive signal, but they do not prove future stock performance. This acquisition was made through Mr. Meyer’s investment trust (per F2), which is a holding vehicle; trust/gift-trust disclosures (F2/F3) indicate limited beneficial ownership statements. If you want the exact per-trade breakdown, the filing notes the reporting person will provide full trade details upon request.
Insider Transaction Report
- Purchase
Class A Common Stock, par value $0.001 per share
[F1][F2]2026-05-15$61.88/sh+32,258$1,996,215→ 378,670 total(indirect: By Trust)
- 1,279,107(indirect: By Trust)
CLASS A COMMON STOCK
[F3] - 1,459
Class A Common Stock, par value $0.001 per share
Footnotes (3)
- [F1]The transaction was executed in multiple trades at prices ranging from $61.63 to $62.00. 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.
- [F2]Shares of Class A common stock ("Class A Stock") of the Issuer were acquired by Mr. Meyer through the Daniel H. Meyer Investment Trust (the "Investment Trust"). Mr. Meyer is the grantor, trustee and beneficiary of the Investment Trust. Mr. Meyer disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- [F3]Represents shares of Class A Stock of the Issuer held by the DHM 2012 Gift Trust, of which Mr. Meyer's spouse, Audrey Meyer, is a co-trustee and beneficiary. Mr. McQuinn is a co-trustee. Each co-trustee disclaims beneficial ownership of the securities except to the extent of such person's pecuniary interest therein.