Walker Tristan 4
4 · Shake Shack Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Shake Shack (SHAK) Director Tristan Walker Receives Award
What Happened
Tristan Walker, a director of Shake Shack Inc. (SHAK), received an award of 2,570 restricted stock units (RSUs) on June 10, 2026. The award is reported at $54.48 per share, for a grant-date value of $140,014. These RSUs represent the right to receive Class A common stock and were granted under the Issuer’s 2025 Incentive Award Plan and Non‑Employee Director Compensation Policy.
Key Details
- Transaction date: June 10, 2026; Filing date: June 12, 2026 (filed two days after the transaction).
- Transaction code: A (award/grant).
- Amount: 2,570 RSUs at $54.48 per share; total grant value $140,014.
- Vesting: RSUs vest on June 10, 2027, subject to continued service. (Footnote F1)
- Shares owned after transaction: Not specified in the filing.
- Nature of award: Compensation for a director, not an open‑market purchase or sale.
Context
RSU awards to directors are a common form of equity compensation and do not represent an immediate purchase or sale of stock. The RSUs convert to actual shares only if/when they vest (here, one year later), so this is primarily a compensation event rather than a direct signal of trading intent.
Insider Transaction Report
- Award
CLASS A COMMON STOCK
[F1]2026-06-10$54.48/sh+2,570$140,014→ 8,311 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 Plan 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.