Form 4: Potbelly Corp Executive Adiya Dixon Reports Stock Transaction
SEC Form 4 Filing
Adiya Dixon, SVP, CLO and Secretary of Potbelly Corp, reports the withholding of shares for tax liability upon vesting of restricted stock units.
Summary
- On April 1, 2025, Adiya Dixon, SVP, CLO and Secretary of Potbelly Corp, had 2,122 shares of common stock withheld to cover tax liabilities.
- The shares were withheld at a price of $9.81 per share.
- Following the transaction, Dixon directly owns 95,710 shares of Potbelly Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the standard practice of withholding shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/01/2022 | Date of grant of restricted stock units. |
| 04/01/2025 | Date of transaction (shares withheld for tax liability). |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Adiya Dixon, Potbelly Corp, PBPB, Tax Liability, Restricted Stock Units
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