David A. Swinghamer, 10% Owner at Shake Shack Inc. (SHAK), sold 70,000 shares at $36.06 ($2.5M) on 2017-05-05, disclosed to the SEC on 2017-05-09.
Open-market sale of $2.5M 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 | $35.13 | 25,000 | $878K | 35.4% |
| 2 | $35.13 | 25,000 | $878K | 35.4% |
| 3 | $36.06 | 20,000 | $721K | 29.1% |
| Total | $35.40 avg | 70,000 | $2.5M | 100% |
| Filing → |
| SHAK | SELL | 2016-07-22 | $1.8M | — | Filing → |
| SHAK | SELL | 2016-03-08 | $2.1M | — | Filing → |
| SHAK | SELL | 2016-02-19 | $1.5M | — | Filing → |