SHAKE SHACK INC

Ticker: SHAK CUSIP: 819047101 Class: EQTY

Caption Management, LLC's Holding History (CIK: 0001706766)

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

Q4 2025

Shares 3,529 Value ($000) $286 Avg Close $88.17 Range $76.51 - $97.80

Q3 2025

Shares 3,529 Value ($000) $330 Avg Close $114.90 Range $91.85 - $144.65

Q1 2025

Shares 17,500 Value ($000) $1,543 Avg Close $108.51 Range $81.31 - $138.45

Q3 2023

Shares 2,318 Value ($000) $135 Avg Close $71.08 Range $56.22 - $80.58

Q4 2022

Shares 3,300 Value ($000) $137 Avg Close $48.72 Range $40.83 - $56.83

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	3,529	$286	$88.17	$76.51 - $97.80
Q3 2025	3,529	$330	$114.90	$91.85 - $144.65
Q1 2025	17,500	$1,543	$108.51	$81.31 - $138.45
Q3 2023	2,318	$135	$71.08	$56.22 - $80.58
Q4 2022	3,300	$137	$48.72	$40.83 - $56.83