SHAKE SHACK INC

Ticker: SHAK CUSIP: 819047101 Class: EQTY

MAI Capital Management's Holding History (CIK: 0001040197)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 226 Value ($000) $18 Avg Close $88.17 Range $76.51 - $97.80

Q3 2025

Shares 226 Value ($000) $21 Avg Close $114.90 Range $91.85 - $144.65

Q2 2025

Shares 277 Value ($000) $39 Avg Close $108.92 Range $72.93 - $141.06

Q1 2025

Shares 107 Value ($000) $9 Avg Close $108.51 Range $81.31 - $138.45

Q4 2024

Shares 107 Value ($000) $14 Avg Close $122.51 Range $100.71 - $139.89

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	226	$18	$88.17	$76.51 - $97.80
Q3 2025	226	$21	$114.90	$91.85 - $144.65
Q2 2025	277	$39	$108.92	$72.93 - $141.06
Q1 2025	107	$9	$108.51	$81.31 - $138.45
Q4 2024	107	$14	$122.51	$100.71 - $139.89