SHAKE SHACK INC

Ticker: SHAK CUSIP: 819047101 Class: EQTY

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q4 2025

Shares 7,534 Value ($000) $612 Avg Close $88.17 Range $76.51 - $97.80

Q1 2025

Shares 14,969 Value ($000) $1,320 Avg Close $108.51 Range $81.31 - $138.45

Q4 2022

Shares 46,219 Value ($000) $1,919 Avg Close $48.72 Range $40.83 - $56.83

Q3 2022

Shares 188,506 Value ($000) $8,478 Avg Close $48.00 Range $38.69 - $54.88

Q2 2022

Shares 162,313 Value ($000) $6,408 Avg Close $51.03 Range $37.72 - $70.82

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	7,534	$612	$88.17	$76.51 - $97.80
Q1 2025	14,969	$1,320	$108.51	$81.31 - $138.45
Q4 2022	46,219	$1,919	$48.72	$40.83 - $56.83
Q3 2022	188,506	$8,478	$48.00	$38.69 - $54.88
Q2 2022	162,313	$6,408	$51.03	$37.72 - $70.82