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SHAKE SHACK INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and SHAKE SHACK INC.’s Form 8-K, filed 2024-06-13 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 13Reported items
  • 368Asset managers
  • 2,898Fund votes
  • 2024-06-12Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore SHAKE SHACK INC. in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by SHAKE SHACK INC.

These tallies are SHAKE SHACK INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-06-13 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

SHAKE SHACK INC. — official shareholder meeting results, meeting held 2024-06-12
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Sumaiya Balbale 25,622,784---- 7,042,6004,939,430 Majority: yes
Elect Director: Charles Chapman III 32,460,817---- 204,5674,939,430 Majority: yes
Elect Director: Jeffrey Lawrence 25,321,892---- 7,343,4924,939,430 Majority: yes

Source: SHAKE SHACK INC., Form 8-K, filed with the SEC on 2024-06-13 — read the filing on EDGAR.

How asset managers voted at the SHAKE SHACK INC. 2023-2024 meeting

Each item below shows how the 368 asset managers that disclosed a SHAKE SHACK INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of SHAKE SHACK INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.

SECTION 14A SAY-ON-PAY VOTES

Combines 6 wordings of this item as funds reported it.

80% fund support · no official result

FOR 80%AGAINST 20%

The 345 asset managers below cast 80% of the shares they voted on this item FOR (25,010,482 for, 6,280,453 against).

FOR: 25,010,482 (79.9%)AGAINST: 6,280,453 (20.1%)ABSTAIN: 9,460 (0.0%)NOT VOTED: 1,865 (0.0%)
Largest asset managers voting on “APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS.” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock5,088,98310,037 00For
Vanguard4,400,9100 00For
Man Group plc02,162,160 00Against
State Street1,888,226381 00For
Invesco01,458,611 00Against
T. Rowe Price1,145,3620 00For
Fidelity1,135,5280 00For
GEODE CAPITAL MANAGEMENT, LLC811,6870 00For
Wellington790,1200 00For
Dimensional709,4470 00For
Charles Schwab622,6130 00For
FRED ALGER MANAGEMENT, LLC15,449474,852 00Against
Northern Trust444,04726 00For
LORD, ABBETT & CO. LLC347,1750 00For
MELLON INVESTMENTS Corp0300,916 00Against
Van Berkom & Associates Inc.292,3440 00For
WASATCH ADVISORS LP283,4165,049 00For
Jackson National20,179256,570 00Against
Lord Abbett269,3030 00For
WASATCH FUNDS TRUST249,5040 00For
Victory Capital246,6900 00For
Prudential/PGIM227,58113,470 00For
Advisors' Inner Circle Fund II235,0000 00For
Nuveen230,3930 00For
TIAA229,1360 00For

Showing the 25 largest of 345 asset managers. See all 345 in the interactive database.

2. APPROVAL, ON AN ADVISORY BASIS, OF THE FREQUENCY OF FUTURE SAY-ON-PAY VOTES.

SECTION 14A SAY-ON-PAY VOTES

Combines 10 wordings of this item as funds reported it.

99.0% fund support · no official result

ONE YEAR 74%1 YEAR 23%

The 340 asset managers below cast 99.0% of the shares they voted on this item FOR (217,837 for, 2,039 against).

FOR: 217,837 (0.7%)AGAINST: 2,039 (0.0%)ABSTAIN: 8,022 (0.0%)ONE YEAR: 23,228,240 (74.2%)1 YEAR: 7,042,389 (22.5%)THREE YEARS: 713,945 (2.3%)3 YEARS: 81,238 (0.3%)NOT VOTED: 1,865 (0.0%)1: 111 (0.0%)2 YEARS: 20 (0.0%)
Largest asset managers voting on “APPROVAL, ON AN ADVISORY BASIS, OF THE FREQUENCY OF FUTURE SAY-ON-PAY VOTES.” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock00 00One Year
Vanguard00 00One Year
Man Group plc00 001 Year
State Street00 00One Year
Invesco00 00One Year
T. Rowe Price00 00One Year
Fidelity00 00One Year
GEODE CAPITAL MANAGEMENT, LLC00 00One Year
Wellington00 001 Year
Dimensional00 00Three Years
Charles Schwab00 001 Year
FRED ALGER MANAGEMENT, LLC00 00One Year
Northern Trust00 001 Year
LORD, ABBETT & CO. LLC00 00One Year
MELLON INVESTMENTS Corp00 00One Year
Van Berkom & Associates Inc.00 001 Year
WASATCH ADVISORS LP00 00One Year
Jackson National00 001 Year
Lord Abbett00 00One Year
WASATCH FUNDS TRUST00 00One Year
Victory Capital00 00One Year
Prudential/PGIM00 001 Year
Advisors' Inner Circle Fund II00 001 Year
Nuveen00 00One Year
TIAA00 00One Year

Showing the 25 largest of 340 asset managers. See all 340 in the interactive database.

3. APPROVAL OF THE COMPANY'S 2025 INCENTIVE AWARD PLAN.

COMPENSATION

Combines 5 wordings of this item as funds reported it.

99.3% fund support · no official result

FOR 99.3%

The 89 asset managers below cast 99.3% of the shares they voted on this item FOR (15,077,756 for, 100,493 against).

FOR: 15,077,756 (99.3%)AGAINST: 100,493 (0.7%)
Largest asset managers voting on “APPROVAL OF THE COMPANY'S 2025 INCENTIVE AWARD PLAN.” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard4,297,4060 00For
BlackRock3,912,7290 00For
Fidelity906,5360 00For
Invesco683,0360 00For
Dimensional623,7380 00For
State Street593,8400 00For
T. Rowe Price463,4180 00For
Charles Schwab300,3540 00For
Jackson National276,7490 00For
Lord Abbett269,3030 00For
WASATCH FUNDS TRUST249,5040 00For
Advisors' Inner Circle Fund II235,0000 00For
TIAA229,1170 00For
Brighthouse209,7280 00For
OLD WESTBURY FUNDS INC145,0000 00For
ALGER FUNDS142,6500 00For
ALGER FUNDS II131,8220 00For
Columbia Threadneedle109,0420 00For
Prudential/PGIM47,93460,919 00Against
Equitable107,4470 00For
ALGER INSTITUTIONAL FUNDS83,7970 00For
Bridge Builder Trust73,7860 00For
QUANTITATIVE MASTER SERIES LLC70,4440 00For
Victory Capital70,4120 00For
BNY Mellon58,9740 00For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

4. RATIFICATION OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.

AUDIT-RELATED

Combines 5 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 87 asset managers below cast 99.9% of the shares they voted on this item FOR (15,168,795 for, 1,577 against).

FOR: 15,168,795 (99.9%)AGAINST: 1,577 (0.0%)ABSTAIN: 7,786 (0.1%)
Largest asset managers voting on “RATIFICATION OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard4,297,4060 00For
BlackRock3,912,7290 00For
Fidelity906,5360 00For
Invesco683,0360 00For
Dimensional623,7380 00For
State Street593,79545 00For
T. Rowe Price463,4180 00For
Charles Schwab300,3540 00For
Jackson National276,7490 00For
Lord Abbett269,3030 00For
WASATCH FUNDS TRUST249,5040 00For
Advisors' Inner Circle Fund II235,0000 00For
TIAA229,1170 00For
Brighthouse201,9420 7,7860For
OLD WESTBURY FUNDS INC145,0000 00For
ALGER FUNDS142,6500 00For
ALGER FUNDS II131,8220 00For
Columbia Threadneedle109,0420 00For
Prudential/PGIM108,8530 00For
Equitable107,4470 00For
ALGER INSTITUTIONAL FUNDS83,7970 00For
Bridge Builder Trust73,7860 00For
QUANTITATIVE MASTER SERIES LLC70,4440 00For
Victory Capital70,4120 00For
BNY Mellon58,9740 00For

Showing the 25 largest of 87 asset managers. See all 87 in the interactive database.

5. Election of Directors- Terms expiring at the 2027 Annual Meeting of Stockholders: Charles Chapman III

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 32,460,817WITHHELD: 204,567

SHAKE SHACK INC.’s own tally for this item (“Elect Director: Charles Chapman III”): 32,460,817 for, 204,567 withheld, per its Form 8-K filed 2024-06-13 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 39,515,000 outstanding shares: 82% for, 0.6% withheld (83% of the company cast a for/withheld vote).

The 84 asset managers below cast 100% of the shares they voted on this item FOR (15,190,239 for, 0 against).

FOR 99.9%
FOR: 15,190,239 (99.9%)ABSTAIN: 7,786 (0.1%)
Largest asset managers voting on “Election of Directors- Terms expiring at the 2027 Annual Meeting of Stockholders: Charles Chapman III” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard4,297,4060 00For
BlackRock3,912,7290 00For
Fidelity906,5360 00For
Invesco683,0360 00For
Dimensional623,7380 00For
State Street593,8400 00For
T. Rowe Price463,4180 00For
Charles Schwab300,3540 00For
Jackson National276,7490 00For
Lord Abbett269,3030 00For
WASATCH FUNDS TRUST249,5040 00For
Advisors' Inner Circle Fund II235,0000 00For
TIAA229,1170 00For
Brighthouse201,9420 7,7860For
OLD WESTBURY FUNDS INC145,0000 00For
ALGER FUNDS142,6500 00For
ALGER FUNDS II131,8220 00For
Columbia Threadneedle109,0420 00For
Prudential/PGIM108,8530 00For
Equitable107,4470 00For
ALGER INSTITUTIONAL FUNDS83,7970 00For
Bridge Builder Trust73,7860 00For
QUANTITATIVE MASTER SERIES LLC70,4440 00For
Victory Capital70,4120 00For
BNY Mellon58,9740 00For

Showing the 25 largest of 84 asset managers. See all 84 in the interactive database.

6. Election of Directors- Terms expiring at the 2027 Annual Meeting of Stockholders: Jeffrey Lawrence

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

78% Majority: yes · of votes cast

FOR 78%WITHHELD 22%
FOR: 25,321,892WITHHELD: 7,343,492

SHAKE SHACK INC.’s own tally for this item (“Elect Director: Jeffrey Lawrence”): 25,321,892 for, 7,343,492 withheld, per its Form 8-K filed 2024-06-13 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 39,515,000 outstanding shares: 64% for, 19% withheld (83% of the company cast a for/withheld vote).

The 84 asset managers below cast 100% of the shares they voted on this item FOR (12,442,927 for, 0 against).

FOR 82%ABSTAIN 18%
FOR: 12,442,927 (81.9%)ABSTAIN: 2,755,098 (18.1%)
Largest asset managers voting on “Election of Directors- Terms expiring at the 2027 Annual Meeting of Stockholders: Jeffrey Lawrence” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard4,297,4060 00For
BlackRock3,912,7290 00For
Fidelity906,5360 00For
Invesco683,0360 00For
Dimensional00 623,7380Abstain
State Street593,1160 7240For
T. Rowe Price463,4180 00For
Charles Schwab00 300,3540Abstain
Jackson National159,1680 117,5810For
Lord Abbett00 269,3030Abstain
WASATCH FUNDS TRUST249,5040 00For
Advisors' Inner Circle Fund II235,0000 00For
TIAA229,1170 00For
Brighthouse186,6730 23,0550For
OLD WESTBURY FUNDS INC00 145,0000Abstain
ALGER FUNDS00 142,6500Abstain
ALGER FUNDS II00 131,8220Abstain
Columbia Threadneedle00 109,0420Abstain
Prudential/PGIM86,0530 22,8000For
Equitable58,0920 49,3550For
ALGER INSTITUTIONAL FUNDS00 83,7970Abstain
Bridge Builder Trust7,0860 66,7000Abstain
QUANTITATIVE MASTER SERIES LLC70,4440 00For
Victory Capital00 70,4120Abstain
BNY Mellon00 58,9740Abstain

Showing the 25 largest of 84 asset managers. See all 84 in the interactive database.

7. Election of Directors- Terms expiring at the 2027 Annual Meeting of Stockholders: Sumaiya Balbale

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 5 wordings of this item as funds reported it.

78% Majority: yes · of votes cast

FOR 78%WITHHELD 22%
FOR: 25,622,784WITHHELD: 7,042,600

SHAKE SHACK INC.’s own tally for this item (“Elect Director: Sumaiya Balbale”): 25,622,784 for, 7,042,600 withheld, per its Form 8-K filed 2024-06-13 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 39,515,000 outstanding shares: 65% for, 18% withheld (83% of the company cast a for/withheld vote).

The 84 asset managers below cast 100% of the shares they voted on this item FOR (12,551,969 for, 0 against).

FOR 83%ABSTAIN 17%
FOR: 12,551,969 (82.6%)ABSTAIN: 2,646,056 (17.4%)
Largest asset managers voting on “Election of Directors- Terms expiring at the 2027 Annual Meeting of Stockholders: Sumaiya Balbale” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard4,297,4060 00For
BlackRock3,912,7290 00For
Fidelity906,5360 00For
Invesco683,0360 00For
Dimensional00 623,7380Abstain
State Street593,1160 7240For
T. Rowe Price463,4180 00For
Charles Schwab00 300,3540Abstain
Jackson National159,1680 117,5810For
Lord Abbett00 269,3030Abstain
WASATCH FUNDS TRUST249,5040 00For
Advisors' Inner Circle Fund II235,0000 00For
TIAA229,1170 00For
Brighthouse186,6730 23,0550For
OLD WESTBURY FUNDS INC00 145,0000Abstain
ALGER FUNDS00 142,6500Abstain
ALGER FUNDS II00 131,8220Abstain
Columbia Threadneedle109,0420 00For
Prudential/PGIM86,0530 22,8000For
Equitable58,0920 49,3550For
ALGER INSTITUTIONAL FUNDS00 83,7970Abstain
Bridge Builder Trust7,0860 66,7000Abstain
QUANTITATIVE MASTER SERIES LLC70,4440 00For
Victory Capital00 70,4120Abstain
BNY Mellon00 58,9740Abstain

Showing the 25 largest of 84 asset managers. See all 84 in the interactive database.

8. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

80% fund support · no official result

FOR 80%AGAINST 20%

The 8 asset managers below cast 80% of the shares they voted on this item FOR (111,604 for, 28,175 against).

FOR: 111,604 (79.8%)AGAINST: 28,175 (20.2%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
JPMorgan62,8650 00For
Empower027,805 00Against
APG Asset Management US Inc.25,4920 00For
EFG Asset Management (North America) Corp.22,9430 00For
Desjardins Global Asset Management Inc.0270 00Against
Balentine LLC2500 00For
MILLER HOWARD INVESTMENTS INC /NY0100 00Against
TD ASSET MANAGEMENT INC540 00For

9. Advisory Vote on Say on Pay Frequency

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

ONE YEAR 99.9%

The 7 asset managers below cast 100% of the shares they voted on this item FOR (100 for, 0 against).

FOR: 100 (0.1%)ONE YEAR: 139,429 (99.9%)
Largest asset managers voting on “Advisory Vote on Say on Pay Frequency” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
JPMorgan00 00One Year
Empower00 00One Year
APG Asset Management US Inc.00 00One Year
EFG Asset Management (North America) Corp.00 00One Year
Desjardins Global Asset Management Inc.00 00One Year
MILLER HOWARD INVESTMENTS INC /NY1000 00For
TD ASSET MANAGEMENT INC00 00One Year

10. DIRECTOR

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR (8,029 for, 0 against).

FOR: 8,029 (100.0%)
Largest asset managers voting on “DIRECTOR” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Gabelli7,2500 00For
SYNTAX ETF TRUST5080 00For
HOWLAND CAPITAL MANAGEMENT LLC1800 00For
Boltwood Capital Management910 00For

11. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (25,435 for, 0 against).

FOR: 25,435 (100.0%)
Largest asset managers voting on “14A Executive Compensation” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Hedges Asset Management LLC22,5000 00For
Cornerstone Investment Partners, LLC2,6450 00For
GRIMES & COMPANY, INC.2900 00For

12. 14A Executive Compensation Vote Frequency

SECTION 14A SAY-ON-PAY VOTES

— fund support · no official result

1 YEAR 100%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

1 YEAR: 2,935 (100.0%)
Largest asset managers voting on “14A Executive Compensation Vote Frequency” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Cornerstone Investment Partners, LLC00 001 Year
GRIMES & COMPANY, INC.00 001 Year

13. Say on pay

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (774,698 for, 0 against).

FOR: 774,698 (100.0%)
Largest asset managers voting on “Say on pay” at SHAKE SHACK INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Engaged Capital LLC774,6880 00For
Empower100 00For

Largest SHAKE SHACK INC. shareholders voting in 2023-2024

Ranked by the number of SHAKE SHACK INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 39,515,000 shares outstanding at the time of that meeting.

Top SHAKE SHACK INC. shareholders by shares voted, 2023-2024
#Asset manager % of shares outstanding
1BlackRock 12.90%
2Vanguard 11.14%
3Man Group plc 5.47%
4State Street 4.78%
5Invesco 3.69%
6T. Rowe Price 2.90%
7Fidelity 2.87%
8GEODE CAPITAL MANAGEMENT, LLC 2.05%
9Wellington 2.00%
10Dimensional 1.80%

Reported SHAKE SHACK INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

SHAKE SHACK INC. beneficial owners on record for the 2023-2024 proxy season
Holder % outstanding Disclosure
BlackRock 14.97% 13F
Vanguard Group 10.97% 13F
Daniel Meyer 4.55% DEF14A
State Street 3.52% 13F
Morgan Stanley 3.51% 13F
Invesco 3.09% 13F
Wellington Management 2.35% 13F
Geode Capital 2.06% 13F
JPMorgan Chase 2.03% 13F
Two Sigma 1.87% 13F

Percentages above are of 39,515,000 shares outstanding, as reported by SHAKE SHACK INC. on its Form 10-Q dated 2024-03-27 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from SHAKE SHACK INC.’s 10-Q dated 2024-03-27. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At SHAKE SHACK INC.'s shareholder meeting held 2024-06-12, in the 2023-2024 proxy season, 368 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,898 separate fund positions. Their filings are grouped here into 13 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. SHAKE SHACK INC.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — APPROVAL, ON AN ADVISORY BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS. — the reporting funds cast 80% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

SHAKE SHACK INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.