Shake Shack (SHAK) Form 4 Shake Shack / Daniel Harris Meyer ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Meyer Daniel Harris

(Last) (First) (Middle)

C/O SHAKE SHACK INC.

225 VARICK STREET, SUITE 301

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Shake Shack Inc. [ SHAK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, par value $0.001 per share	07/01/2025		S		3,400	D	$137.7786	364,584(1)(6)	I	By Trust(7)
Class A Common Stock, par value $0.001 per share	07/01/2025		S		5,200	D	$138.436	359,384(2)(6)	I	By Trust(7)
Class A Common Stock, par value $0.001 per share	07/01/2025		S		6,377	D	$140.0103	353,007(3)(6)	I	By Trust(7)
Class A Common Stock, par value $0.001 per share	07/01/2025		S		823	D	$140.3555	352,184(4)(6)	I	By Trust(7)
Class A Common Stock, par value $0.001 per share	07/02/2025		S		14,200	D	$140.3137	337,984(5)(6)	I	By Trust(7)
Class A Common Stock, par value $0.001 per share								1,279,107	I	By Trust(8)
Class A Common Stock, par value $0.001 per share								11,319	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Meyer Daniel Harris

(Last) (First) (Middle)

C/O SHAKE SHACK INC.

225 VARICK STREET, SUITE 301

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

DANIEL H. MEYER 2012 GIFT TRUST U/A/D 10/31/12

(Last) (First) (Middle)

C/O SHAKE SHACK, INC.

225 VARICK STREET, SUITE 301

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

MEYER AUDREY H

(Last) (First) (Middle)

C/O SHAKE SHACK INC.

225 VARICK STREET, SUITE 301

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

McQuinn Michael C

(Last) (First) (Middle)

C/O SHAKE SHACK INC.

225 VARICK STREET, SUITE 301

(Street)

NEW YORK NY 10014

(City) (State) (Zip)

Explanation of Responses:

1. The transaction was executed in multiple trades at prices ranging from $137.16 to $138.15. The price reported above reflects the weighted average sales price.

2. The transaction was executed in multiple trades at prices ranging from $138.17 to $138.80. The price reported above reflects the weighted average sales price.

3. The transaction was executed in multiple trades at prices ranging from $139.26 to $140.25. The price reported above reflects the weighted average sales price.

4. The transaction was executed in multiple trades at prices ranging from $140.29 to $140.42. The price reported above reflects the weighted average sales price.

5. The transaction was executed in multiple trades at prices ranging from $140.00 to $140.74. The price reported above reflects the weighted average sales price.

6. The Daniel H. Meyer Investment Trust (the "Investment Trust") hereby undertakes to provide upon request to the SEC staff, Shake Shack Inc. (the "Issuer") or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

7. Shares of Class A Stock of the Issuer were disposed of by Mr. Meyer through the Investment Trust pursuant to a Rule 10b5-1 trading plan entered into on November 15, 2024. Mr. Meyer is the grantor, trustee and beneficiary of the Investment Trust. Mr. Meyer disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

8. Represents shares of Class A Stock of the Issuer held by the DHM 2012 Gift Trust (the "Gift Trust"), of which Mr. Meyer's spouse is a co-trustee and beneficiary of the Gift Trust. Mr. McQuinn is a co-trustee. Each Reporting Person disclaims beneficial ownership of the securities except to the extent of such Reporting Persons' pecuniary interest therein.

	/s/ Ronald Palmese, Jr., Esq. - Attorney-in-Fact for Daniel Harris Meyer	07/03/2025
	/s/ Ronald Palmese, Jr., Esq. - Attorney-in-Fact for DHM 2012 Gift Trust U/A/D 10/31/12	07/03/2025
	/s/ Ronald Palmese, Jr., Esq. - Attorney-in-Fact for Audrey H. Meyer	07/03/2025
	/s/ Ronald Palmese, Jr., Esq. - Attorney-in-Fact for Michael C. McQuinn	07/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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