Form 4: Potbelly Corp Executive Steven Cirulis Reports Stock Transaction
SEC Form 4 Filing
SVP and CFO of Potbelly Corp, Steven Cirulis, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On April 1, 2025, Steven Cirulis, SVP and Chief Financial Officer of Potbelly Corp, reported a transaction involving common stock.
- Cirulis disposed of 2,977 shares to cover tax liabilities associated with the vesting of restricted stock units granted on April 1, 2022.
- The shares were disposed of at a price of $9.81 per share.
- Following the transaction, Cirulis directly owns 336,632 shares of Potbelly Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 04/01/2022 | Date of grant for the restricted stock units that vested. |
| 04/01/2025 | Date of the stock transaction (disposal of shares). |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Steven Cirulis, Potbelly Corp, PBPB, SVP, CFO, Restricted Stock Units, Tax Liability
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