Balbale Sumaiya 4

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.