Shake Shack Inc
For the period ended Jun 26, 2024. Filed Aug 2, 2024.
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Jun 26, 2024 · Filed Aug 2, 2024
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Item 5. Other Information
(a) On August 2, 2024 the Company entered into amendments to the Employment Agreements for each of Robert Lynch and Stephanie Sentell, dated March 18, 2024 and June 20, 2024, respectively, copies of which are attached to this Quarterly Report on Form 10-Q as Exhibits 10.2 and 10.4. The amendments correct the maximum bonus opportunity payable to each of Mr. Lynch and Ms. Sentell, from two times their annual base salary to two times their target bonus opportunity, to reflect the previously agreed terms between the Company and the parties.
(b) Rule 10b5-1 Trading Plans
No officer or director adopted, terminated, or modified a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.
44 |Shake Shack Inc. Form 10-Q
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