secwatch.observer — SEC 8-K summary
======================================

Issuer:     Shake Shack Inc. (SHAK)
CIK:        0001620533
Form:       8-K
Filed at:   2024-06-21T23:59:59+00:00
Accession:  0001104659-24-073951
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shake Shack appoints Stephanie Sentell as COO effective July 1, 2024
--------------------------------------------------------------------

- Stephanie Sentell appointed COO effective July 1, 2024; reports to CEO Robert Lynch.
- Annual base salary of $550,000; target bonus opportunity of 75% of salary with potential payout up to 200%.
- Signing cash award of $750,000 plus signing restricted stock units valued at $750,000 vesting over 4 years.
- Employment term of 3 years, auto-renewing annual; severance includes 12 months base salary and COBRA.
- Sentell previously SVP of Company Operations at Inspire Brands; brings over 11 years at Dairy Queen.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1620533/000110465924073951/0001104659-24-073951-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1620533/000110465924073951/tm2417707d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-073951

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer