Meyer Daniel Harris 4

What Happened

• Daniel H. Meyer, a reported 10% owner of Shake Shack, received an award of 6,333 restricted stock units (RSUs) on June 10, 2026. The RSUs are reported at $54.48 per share for a total value of $345,022. These RSUs represent the right to receive Class A common stock and vest on June 10, 2027, subject to Mr. Meyer’s continued service.
• This was an award/grant (transaction code A), not an open-market purchase or sale — a compensation/long-term compensation event rather than a liquidity event.

Key Details

• Transaction date: 2026-06-10; Filing date (Form 4): 2026-06-12 (timely filing).
• Shares/units awarded: 6,333 RSUs at $54.48 per share; reported value $345,022.
• Vesting: RSUs vest on June 10, 2027, subject to continued service.
• Holdings noted in filing: Mr. Meyer holds Class A shares through the Daniel H. Meyer Investment Trust (he is grantor, trustee and beneficiary) and the DHM 2012 Gift Trust (spouse and co-trustees also named); each trustee disclaims beneficial ownership except to the extent of pecuniary interest. The Form 4 does not list a net total of shares owned after this award.
• Transaction type: Award/Grant (A); not an exercise, sale, or gift.

Context

• RSU awards are a form of compensation — they don’t create immediate share ownership until vesting; they are generally intended to align long-term interests with shareholders.
• As a reported 10% owner (not listed as an executive in this filing), this transaction reflects compensation and trust holdings rather than an outright market buy or sell; it should not be read as a direct market sentiment signal.