Walker Tristan 4

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.