Balbale Sumaiya 4
4 · Shake Shack Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Shake Shack (SHAK) Director Balbale Sumaiya Buys 4,068 Shares
What Happened Balbale Sumaiya, a director of Shake Shack Inc. (SHAK), acquired 4,068 shares in an open-market purchase on May 15, 2026. The weighted-average price was $61.42 per share for a total reported outlay of $249,866. This was a purchase (acquisition), rather than a sale.
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (timely filing).
- Transaction type/code: Open-market purchase (P).
- Shares purchased: 4,068; weighted-average price: $61.42; total value: $249,866.
- Price range: executed in multiple trades between $61.32 and $61.52 (footnote).
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Footnote: Reporting person will provide, upon request, full breakdown of the number of shares and prices for the individual trades.
Context Open-market purchases by insiders are often noted by investors as a direct investment in the company, but they do not by themselves explain motivation. This was a straightforward buy (not an option exercise, award, or gift).
Insider Transaction Report
Form 4
Shake Shack Inc.SHAK
Balbale Sumaiya
Director
Transactions
- Purchase
CLASS A COMMON STOCK
[F1]2026-05-15$61.42/sh+4,068$249,866→ 13,407 total
Footnotes (1)
- [F1]The transaction was executed in multiple trades at prices ranging from $61.32 to $61.52. 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.
Signature
/s/ Ronald Palmese, Jr., Esq., Attorney-in-fact for Sumaiya Balbale|2026-05-18