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Company Analysis

SHAK Insider Trading

Shake Shack Inc. | Retail-Eating & Drinking Places

Comprehensive Trading Performance Summary

The investment history of corporate insiders at Shake Shack Inc. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Retail-Eating & Drinking Places sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2016-04-20 18:11 2016-04-15 SWINGHAMER DAVID A 10% owner SELL $38.76 5,290 $205,019 77,205 -6.4%
2016-04-09 00:12 2016-04-07 GARUTTI RANDALL J Director, Officer, 10% owner - Chief Executive Officer SELL $37.07 10,000 $370,719 3,100 -76.3%
2016-03-30 20:23 2016-03-28 ACG SHACK LLC 10% owner SELL $33.40 118,590 $3,960,847 0 -100.0%
2016-03-30 23:32 2016-03-28 Select Equity Group, L.P. Director, Other SELL $34.12 150,000 $5,118,495 971,736 -13.4%
2016-03-25 03:59 2016-03-22 ACG SHACK LLC 10% owner SELL $33.10 150,000 $4,965,000 118,590 -55.8%
2016-03-25 01:12 2016-03-22 Select Equity Group, L.P. Director, Other SELL $33.10 150,000 $4,965,495 1,023,981 -12.8%
2016-03-22 02:41 2016-03-17 ACG SHACK LLC 10% owner SELL $34.28 150,000 $5,141,505 50,000 -75.0%
2016-03-22 00:00 2016-03-17 Green Equity Investors VI, L.P. Director, 10% owner SELL $34.04 50,000 $1,701,825 2,590,657 -1.9%
2016-03-21 23:53 2016-03-17 SOKOLOFF JONATHAN D Director, 10% owner SELL $34.04 50,000 $1,701,825 2,698,765 -1.8%
2016-03-22 00:06 2016-03-17 Select Equity Group, L.P. Director, Other SELL $34.29 150,000 $5,143,995 1,076,226 -12.2%
2016-03-17 23:05 2016-03-16 RUBENZER PEGGY Officer - SVP, People Resources SELL $33.49 2,000 $66,970 15,001 -11.8%
2016-03-17 02:06 2016-03-14 ACG SHACK LLC 10% owner SELL $33.96 150,000 $5,094,000 200,000 -42.9%
2016-03-17 01:50 2016-03-15 Green Equity Investors VI, L.P. Director, 10% owner SELL $33.82 100,000 $3,381,800 2,608,512 -3.7%
2016-03-17 01:49 2016-03-15 SOKOLOFF JONATHAN D Director, 10% owner SELL $33.82 100,000 $3,381,800 2,748,765 -3.5%
2016-03-17 00:20 2016-03-14 Select Equity Group, L.P. Director, Other SELL $33.98 150,000 $5,096,505 1,128,471 -11.7%
2016-03-15 23:43 2016-03-11 Green Equity Investors VI, L.P. Director, 10% owner SELL $34.71 50,000 $1,735,720 2,644,222 -1.9%
2016-03-15 23:41 2016-03-11 SOKOLOFF JONATHAN D Director, 10% owner SELL $34.71 50,000 $1,735,720 2,754,565 -1.8%
2016-03-12 01:45 2016-03-09 RUBENZER PEGGY Officer - SVP, People Resources SELL $36.04 1,000 $36,040 17,001 -5.6%
2016-03-12 01:44 2016-03-09 GARUTTI RANDALL J Director, Officer, 10% owner - Chief Executive Officer SELL $35.40 10,000 $353,950 3,100 -76.3%
2016-03-12 02:37 2016-03-09 ACG SHACK LLC 10% owner SELL $35.34 150,000 $5,301,495 100,000 -60.0%
2016-03-12 01:45 2015-12-10 RUBENZER PEGGY Officer - SVP, People Resources SELL $42.65 4,476 $190,896 18,001 -19.9%
2016-03-12 02:38 2016-03-09 Green Equity Investors VI, L.P. Director, 10% owner SELL $35.56 100,000 $3,555,800 2,662,077 -3.6%
2016-03-12 02:36 2016-03-09 SOKOLOFF JONATHAN D Director, 10% owner SELL $35.56 100,000 $3,555,800 2,804,565 -3.4%
2016-03-12 01:43 2016-03-09 Select Equity Group, L.P. Director, Other SELL $35.37 150,000 $5,305,005 1,180,715 -11.3%
2016-03-09 04:14 2016-03-04 SWINGHAMER DAVID A 10% owner SELL $42.61 25,063 $1,067,932 62,934 -28.5%
2016-03-08 23:10 2016-03-04 SLOATE LAURA J 10% owner SELL $42.77 7,500 $320,760 10,000 -42.9%
2016-03-05 00:14 2016-03-02 SLOATE LAURA J 10% owner SELL $41.67 3,000 $125,000 17,500 -14.6%
2016-03-04 02:50 2016-03-01 Meyer Daniel Harris Director, 10% owner SELL $40.35 30,000 $1,210,581 1,360,318 -2.2%
2016-03-04 02:52 2016-03-01 Flug Jeffrey Director, 10% owner SELL $40.57 25,000 $1,014,368 50,000 -33.3%
2016-03-03 03:16 2016-02-29 SWINGHAMER DAVID A 10% owner SELL $41.46 45,116 $1,870,311 87,997 -33.9%
2016-03-02 23:12 2016-02-29 CORAINE RICHARD D 10% owner SELL $42.12 25,157 $1,059,666 18,411 -57.7%
2016-03-01 23:37 2016-02-29 SLOATE LAURA J 10% owner SELL $42.55 3,500 $148,940 20,500 -14.6%
2016-03-01 00:40 2016-02-22 SWINGHAMER DAVID A 10% owner SELL $40.57 65,400 $2,653,258 133,113 -32.9%
2016-02-26 05:28 2016-02-23 CORAINE RICHARD D 10% owner SELL $41.50 4,254 $176,541 52,697 -7.5%
2016-02-25 00:26 2016-02-23 SLOATE LAURA J 10% owner SELL $40.23 7,500 $301,725 0 -100.0%
2016-02-25 01:21 2016-02-22 Meyer Daniel Harris Director, 10% owner SELL $40.05 30,000 $1,201,455 1,390,318 -2.1%
2016-02-25 01:22 2016-02-22 Flug Jeffrey Director, 10% owner SELL $40.16 75,000 $3,012,000 75,000 -50.0%
2016-02-20 02:27 2016-02-17 SWINGHAMER DAVID A 10% owner SELL $38.20 20,000 $763,920 82,495 -19.5%
2016-02-05 00:45 2016-02-02 SLOATE LAURA J 10% owner SELL $36.15 2,500 $90,375 7,500 -25.0%
2016-02-04 22:23 2016-02-02 Granite Point Capital, L.P. 10% owner SELL $35.82 15,866 $568,273 300,001 -5.0%
2016-01-29 20:31 2016-01-20 SWINGHAMER DAVID A 10% owner SELL $34.00 30,000 $1,020,000 102,495 -22.6%
2016-01-06 00:05 2015-12-31 KOCHEVAR KAREN 10% owner SELL $40.39 10,000 $403,900 15,875 -38.6%
2016-01-01 00:01 2015-12-29 KOCHEVAR KAREN 10% owner SELL $40.18 11,725 $471,125 25,875 -31.2%
2015-12-31 01:43 2015-12-28 SLOATE LAURA J 10% owner SELL $40.78 10,000 $407,750 10,000 -50.0%
2015-12-24 01:24 2015-12-21 KOCHEVAR KAREN 10% owner SELL $38.76 76,900 $2,980,506 37,600 -67.2%
2015-12-23 23:53 2015-12-23 SLOATE LAURA J 10% owner SELL $40.35 5,000 $201,750 20,000 -20.0%
2015-12-23 22:04 2015-12-22 SLOATE LAURA J 10% owner SELL $40.00 2,500 $100,000 25,000 -9.1%
2015-12-22 01:26 2015-12-17 KOCHEVAR KAREN 10% owner SELL $39.04 25,500 $995,520 114,500 -18.2%
2015-12-19 01:42 2015-12-16 SLOATE LAURA J 10% owner SELL $40.46 2,500 $101,161 27,500 -8.3%
2015-12-18 22:53 2015-12-16 Select Equity Group, L.P. Director, 10% owner, Other SELL $40.49 27,800 $1,125,622 2,025,452 -1.4%
SHOW ENTRIES

How to Interpret $SHAK Trades

Not every insider transaction in Shake Shack Inc. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $SHAK shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for SHAK

Insider activity data for Shake Shack Inc. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $SHAK, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.