Form 4: Potbelly Corp Director Boehm Receives Restricted Stock Units
SEC Form 4 Filing
Director Joseph Boehm of Potbelly Corp. reports the acquisition of restricted stock units convertible to 26,123 shares of common stock.
Summary
- On May 15, 2025, Joseph Boehm, a director of Potbelly Corp, acquired 26,123 restricted stock units.
- Each restricted stock unit represents a contingent right to receive one share of Potbelly Corp's common stock.
- These restricted stock units vest on May 15, 2026.
- Following the transaction, Boehm directly owns 248,826 shares of Potbelly Corp.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. The sentiment is neither positive nor negative.
Positives
- The acquisition of restricted stock units by a director could be seen as a positive sign, aligning the director's interests with those of the shareholders.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the compensation and ownership structure of Potbelly Corp's leadership.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Joseph Boehm acquired restricted stock units. |
| 05/15/2026 | Vesting date for the restricted stock units. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
restricted stock units, director, PBPB, Potbelly Corp, beneficial ownership, Form 4, equity securities
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