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Major owner of Shake Shack just disposed of 5,290 shares

David A Swinghamer, a major owner of Shake Shack, recently disposed of 5,290 shares of the company. The disposals took place at $38.76 per share, on April 15, 2016. Swinghamer still owns 140,139 shares of the company. Swinghamer operates out of New York, NY. Some additional info was provided as follows:

The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $38.75 to $38.80. The price reported above reflects the weighted average sale price. Held directly by the David A. Swinghamer GRAT, of which Susan Swinghamer, the reporting pe rson's wife, is the trustee and beneficiary. The Reporting Person disclaims beneficial ownership of the shares of Class A Stock reported herein, except to the extent of his pecuniary interest therein.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Major owner of Shake Shack just disposed of 10,000 shares - April 8, 2016
Shake Shack releases salary data. CEO sees compensation rise 1690% - April 8, 2016
Major owner of Shake Shack just picked up 470,998 shares - April 1, 2016