4/A: Potbelly Corp CEO Corrects Previous SEC Filing Regarding Stock Units
SEC Filing (Form 4/A)
Robert D. Wright, President and CEO of Potbelly Corp, files an amended SEC Form 4 to correct an error in a previous filing regarding a grant of restricted stock units.
Summary
- Robert D. Wright, the President and CEO of Potbelly Corp, filed an amended Form 4 with the SEC on April 17, 2025.
- This amendment corrects an error in the original Form 4 filed on April 8, 2025, which incorrectly reported a grant of 60,773 restricted stock units on April 7, 2025.
- Wright's annual grant of restricted stock units was actually received on January 2, 2025, and was reported in a timely filed Form 4 on January 6, 2025.
- The corrected filing confirms Wright's direct ownership of 786,800 shares of Potbelly Corp common stock.
- All other information in the Original Form 4, including the grant of performance stock units, is correct.
Sentiment
Score: 7
Explanation: The document is a routine correction of a regulatory filing. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.
Industry Context
This is a routine correction of an SEC filing, which is common for publicly traded companies. It ensures transparency and compliance with regulations regarding insider trading and stock ownership.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of original restricted stock unit grant to Robert D. Wright. |
| 01/06/2025 | Date of original Form 4 filing reporting the restricted stock unit grant. |
| 04/07/2025 | Date erroneously reported for restricted stock unit grant in the original incorrect Form 4. |
| 04/08/2025 | Date of original Form 4 filing containing the error. |
| 04/17/2025 | Date of amended Form 4 filing to correct the error. |
Keywords
SEC Form 4, Amendment, Robert D. Wright, Potbelly Corp, PBPB, Restricted Stock Units, Stock Ownership, Insider Trading
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