SHAK Shake Shack Inc. - 8-K

Item 5.02 Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers .

On March 3, 2026, after more
than nine years of service, Joshua Silverman informed the Board of Directors (the “Board”) of Shake Shack Inc. (the “Company”)
of his intention to step down from the Board of the Company and as a Class II director, effective May 1, 2026. Mr. Silverman also will
step down as a member of the Board’s Audit and Nominating and Corporate Governance Committees at the same time.

With Mr. Silverman’s
resignation from the Board, the Board has determined to reduce the size of the Board from nine (9) directors to eight (8) directors, effective
May 1, 2026.

Following the departure of
Mr. Silverman from the Board, the Board will consist of three Class I directors, two Class II directors, and three Class III directors.

Mr. Silverman’s decision
to step down from the Board is not the result of any dispute or disagreement with the Company or its Board.