Richard D. Coraine 2012 Family TRUST, 10% Owner at Shake Shack Inc. (SHAK), sold 43,568 shares at $41.50 ($1.8M) on 2016-02-29, disclosed to the SEC on 2016-03-02.
Open-market sale of $1.8M 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 | $41.50 | 6,746 | $280K | 15.2% |
| 2 | $42.35 | 18,411 | $780K | 42.4% |
| 3 | $42.35 | 18,411 | $780K | 42.4% |
| Total | $42.22 avg | 43,568 | $1.8M | 100% |
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