Balbale Sumaiya 4
4 · Shake Shack Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Shake Shack (SHAK) Director Sumaiya Balbale Receives Award
What Happened
Sumaiya Balbale, a director of Shake Shack Inc. (SHAK), was granted an award of 4,498 restricted stock units (RSUs) on June 10, 2026. The award is reported at $54.48 per share, for a total grant value of $245,051. These RSUs represent the right to receive Class A common stock and were granted under the Issuer's 2025 Incentive Award and the Non-Employee Director Compensation Policy.
Key Details
- Transaction date: June 10, 2026; Filing date: June 12, 2026 (Form 4 accession 0001770993-26-000005).
- Transaction type/code: Award/Grant (A). Price shown: $54.48 per share.
- Quantity: 4,498 RSUs; Reported total value: $245,051.
- Vesting: RSUs vest on June 10, 2027, subject to continued service. (Footnote: represents Class A shares underlying RSUs.)
- Shares owned after transaction: Not disclosed in this Form 4.
- Filing timeliness: Filed within the standard Form 4 window; no late filing indicated.
Context
These are compensation/retention RSUs for a non-employee director and do not represent an open-market purchase or immediate sale. RSU grants are common for board compensation; they vest later and therefore do not reflect an immediate change in market holdings or a direct bullish/sell signal.
Insider Transaction Report
- Award
CLASS A COMMON STOCK
[F1]2026-06-10$54.48/sh+4,498$245,051→ 17,905 total
Footnotes (1)
- [F1]Represents shares of Class A Common Stock ("Class A Stock") of Shake Shack Inc. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. On June 10, 2026, pursuant to the Issuer's 2025 Incentive Award and the Issuer's Non-Employee Director Compensation Policy, the Reporting Person was awarded restricted stock units that represent the right to receive Class A Stock of the Issuer. The restricted stock units representing the right to receive Class A Stock of the Issuer vest on June 10, 2027, subject to the Reporting Person's continued service with the Issuer.