SHAKE SHACK INC

Ticker: SHAK CUSIP: 819047101 Class: EQTY

Police & Firemen's Retirement System of New Jersey's Holding History (CIK: 0002040686)

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

Q4 2025

Shares 10,303 Value ($000) $836 Avg Close $88.17 Range $76.51 - $97.80

Q3 2025

Shares 10,761 Value ($000) $1,007 Avg Close $114.90 Range $91.85 - $144.65

Q2 2025

Shares 8,795 Value ($000) $1,237 Avg Close $108.92 Range $72.93 - $141.06

Q1 2025

Shares 8,095 Value ($000) $714 Avg Close $108.51 Range $81.31 - $138.45

Q4 2024

Shares 8,096 Value ($000) $1,051 Avg Close $122.51 Range $100.71 - $139.89

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,303	$836	$88.17	$76.51 - $97.80
Q3 2025	10,761	$1,007	$114.90	$91.85 - $144.65
Q2 2025	8,795	$1,237	$108.92	$72.93 - $141.06
Q1 2025	8,095	$714	$108.51	$81.31 - $138.45
Q4 2024	8,096	$1,051	$122.51	$100.71 - $139.89