Richard D. Coraine, 10% Owner at Shake Shack Inc. (SHAK), sold 40,000 shares at $38.00 ($1.5M) on 2016-11-11, disclosed to the SEC on 2016-11-15.
Open-market sale of $1.5M SHAK by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $38.00 | 140 | $5K | 0.4% |
| 2 | $38.00 | 19,860 | $755K | 49.6% |
| 3 | $38.00 | 20,000 | $760K | 50.0% |
| Total | $38.00 avg | 40,000 | $1.5M | 100% |