Shake Shack Announces Board and Executive Changes
Ticker: SHAK · Form: 8-K · Filed: Jun 21, 2024 · CIK: 1620533
| Field | Detail |
|---|---|
| Company | Shake Shack Inc. (SHAK) |
| Form Type | 8-K |
| Filed Date | Jun 21, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001, $550,000, $750,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
Related Tickers: SHAK
TL;DR
Shake Shack board and exec comp changes filed.
AI Summary
Shake Shack Inc. announced changes to its board of directors and executive compensation arrangements on June 17, 2024. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for key executives.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns corporate governance and executive appointments, which typically carry a low immediate risk to the company's operations.
Key Players & Entities
- Shake Shack Inc. (company) — Registrant
- June 17, 2024 (date) — Date of earliest event reported
- 225 Varick Street, Suite 301 New York, New York 10014 (address) — Principal executive offices
FAQ
What specific roles have seen departures or appointments?
The filing indicates the departure of certain officers and the election of new directors, along with changes to compensatory arrangements for certain officers, but does not specify the exact roles in this summary.
When was the earliest event reported in this filing?
The earliest event reported was on June 17, 2024.
What is Shake Shack Inc.'s state of incorporation?
Shake Shack Inc. is incorporated in Delaware.
What is the IRS Employer Identification Number for Shake Shack Inc.?
The IRS Employer Identification Number for Shake Shack Inc. is 47-1941186.
What are the principal executive offices of Shake Shack Inc.?
The principal executive offices are located at 225 Varick Street, Suite 301, New York, New York 10014.
Filing Stats: 1,282 words · 5 min read · ~4 pages · Grade level 10.5 · Accepted 2024-06-21 16:20:34
Key Financial Figures
- $0.001 — tered Class A Common Stock, par value $0.001 SHAK New York Stock Exchange Indica
- $550,000 — eceive an initial annual base salary of $550,000, subject to annual review. Ms. Sentell
- $750,000 — nimum grant date fair value targeted at $750,000. Ms. Sentell will receive a signing ca
Filing Documents
- tm2417707d1_8k.htm (8-K) — 42KB
- tm2417707d1_ex10-1.htm (EX-10.1) — 140KB
- tm2417707d1_8kimg01.jpg (GRAPHIC) — 17KB
- 0001104659-24-073951.txt ( ) — 430KB
- shak-20240617.xsd (EX-101.SCH) — 3KB
- shak-20240617_lab.xml (EX-101.LAB) — 33KB
- shak-20240617_pre.xml (EX-101.PRE) — 22KB
- tm2417707d1_8k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Shake Shack Inc. (Registrant) Dated: June 21, 2024 By: /s/ Ronald Palmese, Jr. Ronald Palmese, Jr. Chief Legal Officer