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 disposition of common stock to cover tax liabilities upon vesting of restricted stock units.
Summary
- On April 30, 2025, Robert D. Wright, the President and CEO of Potbelly Corp, reported transactions involving the company's common stock.
- The transactions involved the disposition of shares to cover tax liabilities associated with the vesting of restricted stock units.
- A total of 1,004 shares were disposed of at a price of $8.1 per share related to restricted stock units granted on January 6, 2023.
- An additional 537 shares were disposed of at $8.1 per share related to restricted stock units granted on January 3, 2024.
- Furthermore, 641 shares were disposed of at $8.1 per share related to restricted stock units granted on January 2, 2025.
- Following these transactions, Wright directly owns 784,618 shares of Potbelly Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to tax obligations from vesting of restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 01/06/2023 | Date of grant for restricted stock units related to the disposition of 1,004 shares. |
| 01/03/2024 | Date of grant for restricted stock units related to the disposition of 537 shares. |
| 01/02/2025 | Date of grant for restricted stock units related to the disposition of 641 shares. |
| 04/30/2025 | Date of the reported stock transactions. |
| 05/05/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Robert D. Wright, Potbelly Corp, PBPB, Stock Transactions, Restricted Stock Units, Tax Liability, Insider Trading
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