Pendarvis Christiane 4

What Happened
Christiane Pendarvis, a member of the Shake Shack (SHAK) board, was granted 2,480 restricted stock units (RSUs) on July 2, 2026. The grant is reported as 2,480 shares acquired at $0.00 (total reported value $0) and represents the right to receive Class A common stock upon vesting under the company's 2025 Incentive Award Plan and Non‑Employee Director Compensation Policy.

Key Details

• Transaction date: July 2, 2026; Report filed: July 7, 2026.
• Grant: 2,480 RSUs; reported price $0.00; reported aggregate value $0.
• Vesting: RSUs vest on July 2, 2027, subject to continued service (per filing footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Plan/authority: Issuer's 2025 Incentive Award Plan and Non‑Employee Director Compensation Policy.
• No 10b5‑1, tax‑withholding, or sale information noted in this filing.

Context
This filing records a grant of restricted stock units (a form of equity compensation), not an open‑market purchase or sale. RSUs convert to actual shares only upon vesting and are commonly used to compensate non‑employee directors; they do not by themselves indicate buying or selling sentiment. Form 4s are used to report such insider transactions; check future filings around the vesting date for issuance or any sales.