Meyer Daniel Harris 4

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.