Form 4: Potbelly Corp CEO Robert D. Wright Reports Stock Transactions
SEC Form 4 Filing
Robert D. Wright, President and CEO of Potbelly Corp, reports the disposal of common stock to cover tax liabilities upon vesting of restricted stock units.
Summary
- On March 31, 2025, Robert D. Wright, the President and CEO of Potbelly Corp, reported transactions involving Potbelly Corp common stock.
- Wright disposed of 1,004 shares at $9.51 to cover tax liabilities from restricted stock units granted on January 6, 2023.
- An additional 537 shares were disposed of at $9.51 to cover tax liabilities from restricted stock units granted on January 3, 2024.
- Furthermore, 641 shares were disposed of at $9.51 to cover tax liabilities from restricted stock units granted on January 2, 2025.
- Following these transactions, Wright beneficially owns 786,800 shares of Potbelly Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the restaurant industry and publicly traded companies in general.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to tax obligations of the CEO.
Key Dates
| Date | Description |
|---|---|
| 01/06/2023 | Date of restricted stock units grant related to the disposal of 1,004 shares. |
| 01/03/2024 | Date of restricted stock units grant related to the disposal of 537 shares. |
| 01/02/2025 | Date of restricted stock units grant related to the disposal of 641 shares. |
| 03/31/2025 | Date of transaction and filing of Form 4. |
Keywords
Form 4, Beneficial Ownership, Robert D. Wright, Potbelly Corp, PBPB, Stock Disposal, Tax Liabilities, Restricted Stock Units
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