Insider Tracker SEC Form 4 insider trades
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SHAK

Shake Shack Inc.

Consumer Cyclical Eating & Drinking Places Market cap: $2.9B All insider activity → Quote and statistics → Sign in to watch SHAK Sign in to set a price alert

AI summary Shake Shack Insiders and CEO Open-Market Purchase Cluster Following 30% Post-Earnings Sell-Off

88
Insider Score Band 80+
Research score
79
AI adjustment
+9

Research score, not a recommendation.

Total bought$3.2M9 Form 4 purchases
Distinct insiders6open-market buyers
Lead insiderLynch RobertCEO
Cluster window2026-05-15single day · active

Market data

Live quote and chart from Yahoo Finance, loaded through this server. Insider purchases are marked on the chart.

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Why this score

Research score: a weighted blend of the five factors, times the routine and offering discounts, minus the selling penalty.

Breadth number & diversity of participating insiders
100%
Seniority executive rank of buyers (CEO/CFO/Director)
85%
Commitment purchase size relative to company & holdings
73%
Context buying into stock weakness signals conviction
100%
Timing coordinated purchases within a tight window
100%
Routine-purchase discount × 1.00
Company-type / offering discount × 1.00
Net insider selling penalty − 0

Why are they buying?

AI · discretionary · catalyst credible · documented

Insiders likely stepped in to make discretionary open-market purchases to signal confidence in the company following a sharp 30% drop in share price triggered by a disappointing first-quarter earnings report and operating loss.

On May 7, 2026, Shake Shack reported an operating loss and missed sales estimates due to adverse weather, beef inflation, and lower tourism, causing shares to crater. Shortly after, on May 15, multiple directors—including the CEO Robert Lynch, founder Daniel Meyer, and several others—acquired over 50,000 shares in open-market transactions.

Stock Price & Insider Purchase History

Daily close price with open-market insider purchases plotted over time

Loading price history…

Transactions

9 Form 4 trades · 6 insiders Sign in to download CSV
Purchases in this cluster, grouped by insider, largest first
Date Insider Role Shares Price Value Filing
2026-05-15 Meyer Daniel Harris history of Meyer Daniel Harris's purchases Director 32,258 $61.88 $2.0M SEC filing for Meyer Daniel Harris (opens in a new tab)
2026-05-15 Silverman Josh history of Silverman Josh's purchases Director 8,290 $60.38 avg $500.6K
2026-05-15 Silverman Josh 100 $61.21 $6.1K SEC filing for Silverman Josh (opens in a new tab)
2026-05-15 Silverman Josh 8,190 $60.37 $494.4K SEC filing for Silverman Josh (opens in a new tab)
2026-05-15 Lynch Robert history of Lynch Robert's purchases CEO 5,000 $60.39 $301.9K SEC filing for Lynch Robert (opens in a new tab)
2026-05-15 Balbale Sumaiya history of Balbale Sumaiya's purchases Director 4,068 $61.42 $249.9K SEC filing for Balbale Sumaiya (opens in a new tab)
2026-05-15 Chapman Charles J III history of Chapman Charles J III's purchases Director 2,000 $61.36 avg $122.7K
2026-05-15 Chapman Charles J III 220 $61.32 $13.5K SEC filing for Chapman Charles J III (opens in a new tab)
2026-05-15 Chapman Charles J III 780 $61.43 $47.9K SEC filing for Chapman Charles J III (opens in a new tab)
2026-05-15 Chapman Charles J III 1,000 $61.32 $61.3K SEC filing for Chapman Charles J III (opens in a new tab)
2026-05-15 Flug Jeffrey history of Flug Jeffrey's purchases Director 1,000 $61.30 $61.3K SEC filing for Flug Jeffrey (opens in a new tab)
Total $3.2M

What happened next

A run ends after a pause in the buying, so one company can have several. Returns are the stock's return minus its benchmark's (IWM for small companies, SPY otherwise), from the first open after the run became a cluster. Past results, not a forecast.

After this run became a cluster: 21 days -6.3%63 days +13.6%126 days –