David A. Swinghamer, 10% Owner at Shake Shack Inc. (SHAK), sold 40,000 shares at $38.28 ($1.5M) on 2016-02-19, disclosed to the SEC on 2016-02-19.
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.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $38.03 | 6,992 | $266K | 17.4% |
| 2 | $38.03 | 6,992 | $266K | 17.4% |
| 3 | $38.28 | 13,008 | $498K | 32.6% |
| 4 | $38.28 | 13,008 | $498K | 32.6% |
| Total | $38.19 avg | 40,000 | $1.5M | 100% |
| Filing → |
| SHAK | SELL | 2016-08-12 | $973K | — | Filing → |
| SHAK | SELL | 2016-07-22 | $1.8M | — | Filing → |
| SHAK | SELL | 2016-03-08 | $2.1M | — | Filing → |