Balbale Sumaiya 4

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).