SHAKE SHACK INC

Ticker: SHAK CUSIP: 819047101 Class: EQTY

Bayforest Capital Ltd's Holding History (CIK: 0002048423)

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

Q4 2025

Shares 1,958 Value ($000) $159 Avg Close $88.17 Range $76.51 - $97.80

Q3 2025

Shares 3,578 Value ($000) $335 Avg Close $114.90 Range $91.85 - $144.65

Q2 2025

Shares 3,398 Value ($000) $478 Avg Close $108.92 Range $72.93 - $141.06

Q1 2025

Shares 3,767 Value ($000) $332 Avg Close $108.51 Range $81.31 - $138.45

Q4 2024

Shares 1,812 Value ($000) $235 Avg Close $122.51 Range $100.71 - $139.89

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,958	$159	$88.17	$76.51 - $97.80
Q3 2025	3,578	$335	$114.90	$91.85 - $144.65
Q2 2025	3,398	$478	$108.92	$72.93 - $141.06
Q1 2025	3,767	$332	$108.51	$81.31 - $138.45
Q4 2024	1,812	$235	$122.51	$100.71 - $139.89