secwatch.observer — SEC 8-K summary
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Issuer:     Shake Shack Inc. (SHAK)
CIK:        0001620533
Form:       8-K
Filed at:   2023-05-16T23:59:59+00:00
Accession:  0001104659-23-061457
Event type: other_material
Sentiment:  positive
Materiality: 0.78
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shake Shack enters cooperation with Engaged Capital; appoints Jeffrey Lawrence to board, agrees to add another director
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- Cooperation agreement dated May 15, 2023 with Engaged Capital; Engaged Group withdraws 2023 nomination notice.
- Jeffrey D. Lawrence appointed as Class III director, effective immediately, term through 2024 annual meeting.
- Company to jointly identify an additional independent director with restaurant operations experience for the board.
- Meyer stockholders' director designation rights reduced to three; rights to terminate after 2025 annual meeting.
- 2023 annual meeting to be held no later than July 15, 2023; Engaged Capital must vote for board's slate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1620533/000110465923061457/0001104659-23-061457-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1620533/000110465923061457/tm2315964d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-061457

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