Form 4: Potbelly Corp Executive Walsh Reports Stock Disposal for Tax Obligations

Patrick James Walsh, Chief People Officer at Potbelly Corp, disposed of 1,419 shares to cover tax liabilities upon vesting of restricted stock units.

Summary

• On April 25, 2025, Patrick James Walsh, Chief People Officer of Potbelly Corp, reported a transaction involving the disposal of company stock.
• The transaction involved 1,419 shares of common stock.
• The shares were disposed of to cover tax liabilities associated with the vesting of restricted stock units granted on April 24, 2023.
• The price per share was $8.28.
• Following the transaction, Walsh directly owns 36,148 shares of Potbelly Corp.
• The transaction was reported on April 28, 2025.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing reflects the standard practice of executives covering tax obligations through stock disposals upon vesting of equity awards.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Disposal, Tax Liability, Restricted Stock Units, Potbelly Corp, PBPB, Walsh Patrick James, Chief People Officer